🔥 $ETH Rejection Near $2K, But Bounce Setup Brewing! 🚀

$ETH just ran into resistance near the $2,000 psychological level, sparking a pullback from the top and hinting at short‑term weakness before the next attempt to break higher. Recent analysis shows ETH’s struggle around $2K has been a key battle zone, with price often rejected and correcting in this area.

📈 Trade Plan:

🟩 Entry Zone: 1,980 – 1,995

🚀 Bullish Above: 2,005 (invalidates rejection and flips momentum)

🎯 Targets:

• TP1: 2,025

• TP2: 2,055

• TP3: 2,100

🛑 Stop Loss: 1,955

📊 Market Read:

• Price has been struggling around $2,000–2,050 resistance — bears have repeatedly rejected upside, keeping ETH under pressure.

• If ETH flips back above 2,005 with conviction, the path toward 2,025–2,100 becomes more likely as structure shifts bullish.

• Failure to reclaim above this area could invite deeper pullbacks first before the next breakout attempt.

💡 In short: Bulls need to overcome the current rejection zone to confirm strength — but if they break above 2,005, targets toward the next resistance cluster light up!

Let’s go $ETH! 🚀🔥

#ETH #Crypto #TradeSetup #TechnicalAnalysis