$ETH has shifted into a clear intraday bearish structure after rejecting the 1,980–1,990 resistance zone and breaking below the 1,960 support with strong downside expansion. Consecutive red candles and increasing sell volume confirm distribution, while the weak bounce from 1,927 shows limited buyer commitment. Sellers remain in control, and continuation lower is favored unless price reclaims the broken supply area.

Bias: Bearish

Position: Short

⭐ Entry: 1,935 – 1,950

⭐ Take Profit:

⭐ TP1: 1,920

⭐ TP2: 1,900

⭐ TP3: 1,870

⭐ Stop Loss: 1,970

$ETH formed a lower high near 1,976 after the rejection from 1,989, followed by an impulsive breakdown with expanding red volume, confirming a short-term structure shift. The inability to sustain above the moving average cluster signals active supply absorption, and as long as price trades below 1,970 resistance, downside liquidity below 1,920 remains exposed. Maintain disciplined risk management and execute with precision.

#ETH #CryptoFutures #PriceAction

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