Mehak Jutt's Profile | Binance Square

Right now, Ethereum ($ETH ) has been slowly moving up in price. But it looks like it’s getting tired.
Imagine throwing a ball into the air. At first it goes up, but when it reaches near the top, it slows down before it starts falling. Ethereum looks like it might be near that “top” area right now.
The price is touching a level where it had trouble going higher before. This level acts like a ceiling. When price reaches this ceiling, it often gets pushed back down.
We can also see signs that buyers are not as strong as before:
The candles (price moves) are getting smaller.
The price is moving more slowly.
It looks unsure instead of powerful.
That could mean sellers are getting ready to push the price down.
Trading Idea: Betting the Price May Go Down
This plan is based on the idea that the price might fall from this ceiling area.
Entry (where to sell): 2000 – 2040
Stop Loss (safety level if wrong): 2120
Targets (where we take profit):
First target: 1900
Second target: 1820
Third target: 1700
If the price keeps getting rejected at this ceiling and can’t break through, sellers may take control and push it back down to lower levels.
But if the price goes strongly above 2120, then this idea would be wrong, and it means buyers are stronger than expected.
Trade now$ETH

ETH+0.82%

Mehak Jutt

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Bearish

Bitcoin Approaches Upper Trendline Resistance – Potential Pullback Scenario Bitcoin is currently testing the upper boundary of its ascending structure, positioning price at a technically significant resistance zone. This area has previously acted as dynamic resistance, and current market behavior suggests the possibility of a short-term corrective phase. Market Observation After a steady upward grind, price is now pressing directly into the trendline resistance. Notably, the recent advance lacks strong impulsive expansion. Instead of aggressive bullish continuation, the move appears controlled and somewhat exhausted as it approaches recent highs. Momentum indicators are beginning to cool, reflecting reduced buying pressure. At the same time, selling activity appears to be increasing near this resistance region, signaling that market participants may be positioning for a potential rejection. If price confirms weakness at this level, a retracement toward lower demand zones would be technically reasonable within the broader structure. Trade Setup: Short Position on Bitcoin ($BTC) Bias: Short (conditional upon confirmation of rejection) Entry Zone: 67,600 – 68,400 Stop Loss: 70,200 Take Profit Targets: TP1: 66,200 TP2: 64,500 TP3: 62,000 Risk Perspective The setup is based on resistance interaction rather than aggressive breakdown. Therefore, confirmation (such as bearish rejection candles, volume expansion on downside, or lower timeframe structure shift) would strengthen conviction. If price decisively breaks and sustains above the 70,200 level, the bearish thesis would be invalidated, indicating strength rather than exhaustion. Bitcoin is currently positioned at a technically sensitive area where resistance and cooling momentum intersect. While the broader structure remains intact, short-term corrective pressure appears increasingly probable. A measured pullback toward deeper liquidity zones would align with healthy market rotation before any sustained continuation. $BTC {future}(BTCUSDT)

Bitcoin Approaches Upper Trendline Resistance – Potential Pullback Scenario
Bitcoin is currently testing the upper boundary of its ascending structure, positioning price at a technically significant resistance zone. This area has previously acted as dynamic resistance, and current market behavior suggests the possibility of a short-term corrective phase.
Market Observation
After a steady upward grind, price is now pressing directly into the trendline resistance. Notably, the recent advance lacks strong impulsive expansion. Instead of aggressive bullish continuation, the move appears controlled and somewhat exhausted as it approaches recent highs.
Momentum indicators are beginning to cool, reflecting reduced buying pressure. At the same time, selling activity appears to be increasing near this resistance region, signaling that market participants may be positioning for a potential rejection.
If price confirms weakness at this level, a retracement toward lower demand zones would be technically reasonable within the broader structure.
Trade Setup: Short Position on Bitcoin ($BTC )
Bias: Short (conditional upon confirmation of rejection)
Entry Zone: 67,600 – 68,400
Stop Loss: 70,200
Take Profit Targets:
TP1: 66,200
TP2: 64,500
TP3: 62,000
Risk Perspective
The setup is based on resistance interaction rather than aggressive breakdown. Therefore, confirmation (such as bearish rejection candles, volume expansion on downside, or lower timeframe structure shift) would strengthen conviction.
If price decisively breaks and sustains above the 70,200 level, the bearish thesis would be invalidated, indicating strength rather than exhaustion.
Bitcoin is currently positioned at a technically sensitive area where resistance and cooling momentum intersect. While the broader structure remains intact, short-term corrective pressure appears increasingly probable. A measured pullback toward deeper liquidity zones would align with healthy market rotation before any sustained continuation.
$BTC

BTC+0.65%