ETHUSD – Bearish Pressure Building Below 2300, Eyes on 2075
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ETH is printing lower highs on the smaller timeframes and sellers are firmly in control — a clean short setup is forming right now.
Why This Level Matters:
The 2240 zone is the final support standing between current price and a significant drop. Two strong gap zones sit below at 2175 and 2075, and both remain unfilled. Every attempted recovery is being sold into, with each push forming a lower low — momentum is clearly with the sellers.Gameplan / Primary Scenario:
Wait for a confirmed break of 2240. Once that level cracks, that's the entry short. There is also a possible sweep of the 2300 zone before the break — if price pushes up to fill that gap first, it becomes an early entry opportunity with the target being the support itself. Either way, the move lower targets 2175 first, with 2075 as the extended destination once momentum builds.If this added value, boost it forward. What are your thoughts?