$ETH rejection after testing higher resistance.
Price tapped 2,148.18 (24H high) and faced strong selling pressure. Now trading around 2,021 after losing momentum on 4H.
Market Read:
2,148.18 marks the 24H high.
1,975.33 stands as the 24H low.
Price expanded aggressively from 1,800 area, rejected near resistance, and is now retracing.
If 2,000 fails to hold, pullback toward 1,975 becomes likely.
Entry Point:
2,020 – 2,050 on bounce
Or breakdown entry below 1,995
Target Points:
TP1: 1,990
TP2: 1,975
TP3: 1,950
Stop Loss:
Above 2,080
How it’s possible:
After a sharp expansion into resistance, pr