ETH 1H downtrend. Price rejected from 2,430 highs and flushed to 2,000 before a weak bounce to current 2,063. Bearish compression between 2,040 support and 2,100-2,120 resistance. Bounce looks corrective not impulsive. Waiting to short at 2,100-2,120 on confirmed rejection, stop 2,145, targets 2,040 then 2,000. Risk reward 1.6 to 1, medium confidence.
This is not financial advice. Content is AI-generated.
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