$ETH /USDT: Ethereum Rejection - $2K Dream Dead?
+2.15% today = pump fading. -7.25% weekly, -35.86% monthly. Spiked to $2,001.42, rejected to $1,993.07.
The Play:
๐ SHORT Zone: $2,000-$2,015 (psychological $2K resistance)
๐ฏ Targets: $1,980 | $1,960 | $1,950
๐ Stop: $2,020
OR if breakout:
๐ BUY Zone: $1,985-$1,993 (support hold)
๐ฏ Targets: $2,005 | $2,015 (24h high) | $2,030
๐ Stop: $1,970
Key Levels: Volume 973.52M USDT. FAILED to break $2,000 psychological level. Rejection wick at $2,001.42 = sellers waiting. Above both MAs but losing steam. Carnage: 90-day -37%, 180-day -54%, 1-year -23%.
$2K rejection. Bulls losing control.
โ ๏ธ DYOR - ETH tried to reclaim $2,000, FAILED. Up +2% today but down -7% weekly, -35% monthly. Rally from $1,953 to $2,001 rejected instantly at psychological resistance. If ETH can't break $2K with BTC pumping, altcoins are doomed. Watch $1,980 support - break = dump to $1,950 or lower.
Risk Level: MODERATE ๐ฅ
#ETH #Ethereum #ETHUSDT #CryptoTrading #Altcoins
