ETHUSDT Rally Slows Near $1,760 Resistance

ETHUSDT Rally Slows Near $1,760 Resistance

Ethereum has bounced well from the $1,550 area, but the recovery is now losing strength near $1,740–1,760. Buyers have reacted, but they still have not shown enough momentum to confirm a stronger bullish reversal. For traders, this looks more like a sell-on-rejection setup unless ETH breaks above $1,760 with strength. Trade Setup: Sell Zone: $1,740 – $1,760 Stop Loss: $1,790 Take Profit 1: $1,680 Take Profit 2: $1,620

Source: Tradingview
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