🚀 $ETH 📈 Trade Bias: SHORT

💰 Current Price: $1,942.86

🎯 Entry Zone: Failed recovery into resistance

✅ Take Profit 1: Nearest support

✅ Take Profit 2: Previous swing low

✅ Take Profit 3: Extended move if bearish momentum accelerates

🛑 Stop Loss: Above recent lower high

📊 Key Support: Short-term demand zone

🚧 Key Resistance: Recent rejection area

🧠 Trader's Note

A larger long liquidation often reflects aggressive buyers getting trapped.

Sellers currently hold the advantage while price remains below resistance.

Confirmation comes from another lower high before adding exposure.

⚠️ Risk Level: Medium

⚠️ Manage your position responsibly. Markets are volatile. This is not financial advice. Always do your own research.#Fed rate hike expectations rise #Nvidia-SK Group AI infrastructure deal #CLARITY Act passage odds drop #BTC bear market indicators near historical lows