$ETH Showing short-term weakness after rejection from local highs.


Sellers gaining control as price starts losing intraday structure.

EP
2300 - 2310

TP
TP1 2285
TP2 2265
TP3 2240

SL
2325

Liquidity taken from the highs followed by rejection and downside continuation. Price failing to hold structure with fading buying pressure, indicating potential further downside.

Let’s go $ETH ‌
ETH0.66%
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0xPeachy
· 3h ago
Rejecting from the high point + intraday structure collapsing, the bearish rhythm has emerged, I’ll wait in the EP range of 2300-2310.
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OtcMoonwalker
· 6h ago
This breakdown in structure does look a bit ugly; the bulls need to quickly hold above 2285, or it will accelerate.
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GateUser-7581da4e
· 6h ago
Want it tweaked for LinkedIn vs X vs Instagram? I can adjust the tone and length.
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LimeMulti-Signature
· 6h ago
TP2 2265 Looks pretty good, placing an order first to test the waters
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Half-SectionedSucculent
· 6h ago
Liquidity is swept and then smashed, classic script. SL set at 2325 is quite stable, I bought in.
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