$ETH Compressing Below Key EMAs After Rejection

Current Price: $2,941.40 (−3.22%). Rejected from $3,057 high, price trapped below EMA25/99 on 1H.

🎯 SHORT Entry: $2,950 – $2,985

TP1 $2,910

TP2 $2,865

TP3 $2,810

Stop Loss $3,030

Failure to reclaim the $3,000 psychological level keeps downside pressure active, with continuation favored toward lower demand unless bulls force a clean EMA reclaim.

Trade ETH on Binance👇

#Ethereum #CryptoTrading

#BTC90kChristmas ETHUSDT

Perp

2,950.33

-2.36%