$ETH faces strong selling pressure - short positions are being established 🔻
Short trading signals (intraday):
Selling range: 2950 – 3000
🎯 TP1: 2880
🎯 TP2: 2820
🎯 TP3: 2775
🛑 Stop loss (SL): 3050
Leverage: 20–40x (risk control at 1–2%)
👉 Future opportunities for opening positions
Spot traders:
It is not recommended to chase high purchases in the current price range. The more ideal accumulation area for $ETH is still 2800 – 2750, and it should be considered only after clear support confirmation.
Trading logic:
$ETH is still operating below the key resistance level on the daily chart, and the overall structure remains bearish. The rebound from 2775 is a corrective bounce, not a trend-driven rise. The current price is in a strong supply zone of 2950 – 3000, where previous rebounds have been blocked and selling pressure is evident.
The market structure continues to show lower highs, and even with short-term rebounds, upward momentum remains weak. The trading volume is insufficient to support an effective breakout, and every surge is being sold at resistance levels. As long as ETH cannot stabilize above 3000 – 3050, the downward continuation remains the more probable direction.
Support areas:
• 2880 – 2850 (intraday support)
• 2800 – 2750 (main demand zone)
Resistance areas:
• 2950 – 3000 (main selling area)
• 3050 – 3100 (strong resistance/rejection zone)
Short pullback entry area:
Any pullback or fluctuation back to 2950 – 3000 presents a clearly defined short opportunity in terms of risk-reward ratio. If it cannot regain above 3000, the lower targets of 2800 and below remain valid.
Trade with the trend, not on hope.
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