📊 Ethereum — local picture before the reversal?
ETH has approached a strong resistance zone around $3,150–$3,160 🚧
The chart shows that after an upward impulse, the price is losing strength and forming a potential reversal pattern.
🔻 What do we expect next?
According to the scenario — a pullback is possible first to $3,060, and then a deeper drop to the zone $2,950–$2,900 (4h demand).
This is an area where buyers previously showed strength 💪
🎯 Main idea:
As long as ETH is below this strong level — downward movements look logical. We are watching the price reaction in the gray zone — a good long setup may appear there 📈😉
