$ETH — Analysis & Trade Plan

ETH
ETHUSDT
1,969.47
+0.09%

$ETH Price is sitting exactly at the resistance zone shown in the chart and already showing rejection wicks. After a strong push up, momentum is slowing and this looks like a liquidity grab into resistance — favoring a short reaction from current levels.

My Trade Plan (Short Setup)

Entry: 1965 – 1969 (current resistance area from chart)
TP1: 1955
TP2: 1945
TP3: 1939
SL: 1978

I’m expecting $ETH USDT to cool down from this resistance since buyers are struggling to push higher. As long as price stays below the marked supply zone, downside continuation remains the higher-probability move on ETHUSDT.