ETHUSDT Rally Slows Near $1,760 Resistance

Jun 18

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

Jun 19

Trade closed: target reached