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#ETH Analysis
ETH is testing a major resistance zone around $1,790-$1,830 after a sharp recovery from the recent liquidity sweep. Price has bounced strongly, but remains below the key moving average, keeping the broader trend bearish.
Trade Setup • Entry: $1,790-$1,830
• Stop Loss: $2,015
• Target 1: $1,500
• Target 2: $1,250
• Target 3: $1,010
As long as ETH fails to reclaim and hold above the resistance zone, sellers remain in control. A rejection here could trigger another leg lower toward the downside targets.
Bias: Bearish | Short at Resistance #ETH $ETH