ETHUSD | Bearish Rejection From Supply ZoneEthereum / U.S. dollarBITSTAMP:ETHUSDAurum_ForexETH continues to respect the broader bearish structure after a strong rejection from the 2470-2480 supply area. Price failed to sustain above resistance and produced another lower high, reinforcing short-term downside pressure. The current focus is the 2400 support zone. A confirmed breakdown below this area could open the path toward the next demand zone around 2340, followed by the major support region near 2320. 🔍 Bearish Factors • Rejection from resistance/supply zone (2470-2480) • Lower-high structure remains intact • Trendline resistance respected • Sellers maintaining momentum below key resistance 🎯 Bearish Targets ✅ Target 1: 2400 ✅ Target 2: 2340 ✅ Target 3: 2320 ⚠️ This is a market outlook based on current price structure and is invalidated if buyers regain and hold above the highlighted resistance zone. Educational analysis only, not financial advice.