Ethereum H1 | Potential bearish reversalEthereum (ETH/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,543.15 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 2,625.00 which is a level that sits above the 61.8% Fibonacci retracement and a swing-high resistance.
Take profit is at 2,451.35 which is a multi-swing-low support.
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Losses can exceed deposits.
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