ETH is encountering resistance near the small W top neckline level. Overall, the main strategy remains to short on rebounds.



Aggressive traders can watch the resistance around 2135-2150. If a rebound reaches this area and is met with resistance, consider a light short position.

Conservative traders should wait patiently for a move above 2180 to consider entering a position, with a stop set above the neckline.

Initial support is around 2055. A break below this level would further open the downside space.
ETH-1.69%
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