š“$ETH

ETH
3,111.96
-0.98%
BEARISH TECHNICAL ANALYSIS ā SELLERS PRESSURING AFTER RESISTANCE REJECTION
$ETH is showing early bearish signs after failing to sustain above the 3,180ā3,200 resistance zone. The formation of lower highs and repeated rejection wicks indicates weakening bullish momentum. Volume analysis confirms that buyers are losing strength, increasing the probability of a corrective move toward key support levels.
Targets (TP):
⢠TP1: 3,075
⢠TP2: 3,050
⢠TP3: 3,000
Stop Loss (SL):
⢠Above 3,180 resistance or recent swing high
Risk Management:
Maintain proper position sizing, avoid over-leverage, and always place SL before entering the trade.