DAILY SIGNAL — ETH/USD $ETH

Date: 12 Feb 2026

Timeframe: 5m

Intraday Bias: Bearish continuation below range resistance

📊 Market Bias

ETH is trading inside a range structure, repeatedly rejecting a well-defined upper supply / strong high zone. Multiple CHoCH signals near resistance indicate distribution, and price has already shown downside continuation toward Fibonacci extension supports.

🔹 Key Levels (from chart)

Entry Zone (Short Bias):

1,962.6 → 1,973.4 (0.0 → 0.5 Fib)

Stop-Loss (Invalidation):

1,984.1 (-0.5 Fib)

Targets:

TP1 → 1,951.9 (1.0 Fib)

TP2 → 1,941.1 (1.5 Fib)

TP3 → 1,930.4 (2.0 Fib)

TP4 → 1,919.6 (2.5 Fib)

TP5 → 1,908.9 (3.0 Fib)

TP6 → 1,898.1 (3.5 Fib, extended)

📈 Technical Breakdown

ETH has failed multiple times to reclaim the upper purple range resistance, printing repeated CHoCH and BOS signals. The rejection from 1,973–1,980 confirms supply dominance. As long as price stays below 1,984.1, bearish continuation toward the 1,951 → 1,898 liquidity zone remains technically valid.

🧠 Quick Insight

“Repeated rejection at the same level is not support — it’s distribution.”

⚠️ Disclaimer

This is personal market analysis, not financial advice.

Always DYOR / DYODD, manage risk properly, and avoid emotional trading.

— @nayrbryanGaming

#ETH #Crypto #DYOR #NFA #SAP #NOFOMO

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