🔍 Technical Outlook:
1. Repeated Rejection at Key Resistance (2730–2750):
Price has failed multiple times to break above this zone, forming what resembles a triple top structure — a classic bearish reversal pattern.
2. High-Probability Supply Zone:
The marked red zone acts as a supply area, where sell-side pressure historically overwhelms buyers. This adds confluence to a potential downside move.
3. Bearish Divergence Indication:
Price makes equal or slightly higher highs while the Stochastic oscillator begins to slope downward — a signal of momentum weakening.
4. EMA as Dynamic Resistance:
Price is rejecting the 50 EMA from below, reinforcing short-term bearish momentum.
5. Risk-Reward Setup:
Entry Zone: Around 2613
Stop Loss: 2734.87 (above resistance)
Take Profit: 2249.44 (previous demand zone)
RR Ratio: 1:3 — favorable for swing positioning
📉 Conclusion:
This is a clean bearish setup backed by structure, momentum loss, and repeated rejection from a well-defined supply zone. Unless ETH can break and close above 2750 with volume, the path of least resistance appears to be to the downside.
> *“As professionals, we don’t predict — we react. And this chart is signaling: prepare for a shift.”*
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Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.