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Ethereum Rejected at Resistance — Short-Term Weakness Expected

I think your prayer backfired: ETH was rejected at resistance and turned red.

I expect short-term weakness until buyers step in or price finds support; watch volume and key levels before re-entering.

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Analysis

ETH hit resistance and suffered a rejection, suggesting bearish pressure in the near term. Monitor trading volume and immediate support zones for confirmation of a bounce or further decline.

Recommendation

Don't buy now; wait for ETH to reclaim resistance or show a decisive support bounce. Consider trimming risk or using stops if you hold exposure.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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