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Something doesn't look right with this $ETH structure.
The rejection at 2,464 was pretty aggressive and now we're sitting right on a local shelf at 2,299. If you look at the daily candles, we just printed a lower high and the momentum is definitely leaning heavy to the downside right now.
Volume isn't showing much buyer interest at these levels yet. I’m closely watching the 2,250 zone. If that snaps, we might be looking at a fast trip back toward 2,130 to fill that gap.
Staying patient for now because catching a falling knife here feels risky. Let's see if the bulls can actually hold this level by the daily close or if we're headed lower.
#WCTCTradingChallengeShare8MUSDT