Rejection Near Resistance on $ETH /USDT …! Weak Structure Still in Play
Short $ETH /USDT
Entry: 2060 – 2072
SL: 2166
TP1: 2040
TP2: 1992
TP3: 1974
TP4: 1920
Price is hovering near the upper Bollinger Band but continues to struggle below the key resistance at 2072, indicating weak bullish follow-through. Despite a bullish turn in MACD, the overall structure remains fragile with no strong breakout confirmation.
RSI around 54 reflects neutral momentum, suggesting indecision in the market. The 2040 level is critical — holding above it may trigger a short-term push higher, but failure to sustain could shift momentum back to the downside.
A breakdown below 1992 support would confirm bearish continuation, opening the path toward lower targets. Until a clean breakout occurs, the structure favors cautious short setups near resistance.
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