Price is still respecting the last broken structure and failing to reclaim the previous high.
A clear rejection near the 2,840 zone shows liquidity buildup on the upside, while momentum continues to lean bearish.
Unless price breaks and holds above the last high, ETH remains vulnerable to a downward sweep targeting the support zone around 2,640–2,600.”
A clear rejection near the 2,840 zone shows liquidity buildup on the upside, while momentum continues to lean bearish.
Unless price breaks and holds above the last high, ETH remains vulnerable to a downward sweep targeting the support zone around 2,640–2,600.”
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