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ETH, the rebound isn’t a reversal—don’t get tempted.
It tracked the big 🫓 move from last night. Overnight, the high reached 1833. After short-term momentum strengthened, it still failed to break above the prior high, which is capped by the 1850 resistance. In terms of structure, price is still within a range—so this kind of rebound isn’t a reversal. During the day, deal with it by selling on high first; after support is confirmed, then act.
Reference the 1795-1815 zone to look for movement down toward 1750-1700.