Technical analysis by FrankFx14 about Symbol ETH: Sell recommendation (23 hour ago)

ETH/USD is currently showing a potential short opportunity after rejecting the key supply zone around $2,640 – $2,645, a level that previously acted as strong resistance.🔍 Key Observations:Price tapped into a visible Supply Zone (highlighted in blue) and is now consolidating below it.Strong resistance is confirmed by repeated rejections at $2,640.A clean support level lies at $2,576, which could act as the first target if sellers take control.Below $2,576, watch out for a potential drop toward the demand zone around $2,508 – $2,500, a level where bulls previously stepped in aggressively.📉 Bearish Scenario: If ETH breaks below $2,576 with volume, expect momentum to build toward the $2,508 demand area. A break below $2,500 could open the door for further downside.📌 Trade Idea:Entry: Below $2,576 on strong bearish candleTP1: $2,508TP2: $2,500SL: Above $2,645🚨 Note: Confirmation is key. Watch for bearish candlestick formations or volume spikes before entering short.🔔 Follow me for more clean setups and live trade ideas.#ETHUSD #Ethereum #CryptoTrading #SupplyAndDemand #PriceAction #Scalping #DayTrading #ShortSetup