📉 $ETH — Relief Bounce or Just a Pause?
Ethereum saw a sharp sell-off from the 3,170 area and is now stabilizing near the 2,900 demand zone. Selling pressure has slowed, but structure is still weak — this is a reaction, not a confirmed reversal yet.
Key Levels to Watch:
🔹 Support: 2,890 – 2,900
🔹 Resistance: 3,000 – 3,050
Trade Idea (Short-Term):
• Scalp Long only if price holds above 2,900
• Upside relief possible toward 3,000+
• A clean break below 2,890 opens further downside
Market Logic:
Momentum cooled after the dump
Buyers are defending, but control isn’t fully back
Confirmation > prediction
Trade levels, not emotions. Let ETH show its hand first.
#ETH #TrumpTariffs #CPIWatch #USJobsData
ETHUSDT
Perp
2,954.02
+0.47%
