$ETH / Ethereum — Short Bias
Ethereum bounced hard from a capitulation low but is now stalling around a tight EMA zone. Price action is compressing, momentum is fading, and upside follow-through looks weak near value. This favors a sell-the-rally approach unless buyers reclaim key resistance.
Bias: SHORT
Entry Zone: 2,270 – 2,300
Stop-Loss: 2,345
Targets:
• TP1: 2,220
• TP2: 2,150
• TP3: 2,080
As long as ETH remains below 2,345, a downside rotation within the range is preferred. A strong acceptance and hold above this level would invalidate the short idea and shift the outlook to neutral.
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ETHUSDT
Perp
1,956.14
-6.29%