ETH Technical Analysis: Rejection at $2340 Confirms Bearish Momentum 📉

Ethereum (ETH) has experienced a significant rejection from the $2340 resistance level. This confirms strong bearish momentum, with clear selling pressure and undeniable weakness observed on daily charts.

This technical setup indicates potential for further downside. Traders may wish to consider this analysis for short-term opportunities.

Entry: 2170 🟩
Target 1: 2110 🎯
Stop Loss: 2340 🛑

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