Ethereum (ETH): Rejection + Sellers Dominance

Ethereum had shown another rejection from our bounce zone (at this point we are not sure why we called it a bounce zone but we have been monitoring this since the beginning).

So price showed a decent rejection and now we are looking for further pressure from sellers, as we are not yet near the zones we want to be.

So we are waiting for price to slowly fall towards the $3000 where we might see another liquidity hunt or grab!!

Swallow Team

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