$ETH is losing short-term momentum, with sellers currently having the upper hand.

ETH is trading near $2,475.87 and down 0.82% on the day. The price action favors a cautious short while resistance continues to reject recovery attempts.

EP

$2,475 – $2,495

TP

TP1 $2,450

TP2 $2,420

TP3 $2,385

SL

$2,525

The setup focuses on a continuation move beneath the nearby resistance band. A failure to reclaim $2,495 would suggest that sellers are defending the upper range, while $2,450 and $2,420 become potential liquidity targets below. Confirmation would be a bearish rejection followed by increasing sell-side activity. A sustained move above $2,525 would invalidate this setup.

Let's go $ETH

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