$ETH — Sellers still in control below reclaimed resistance.

Short setup idea:

Entry: 2,940 – 2,980

SL: 3,020

TP: 2,900 → 2,840 → 2,780

$ETH failed to hold above 3,000 after the spike, with strong supply defending that zone.

Price is trading below the EMA cluster, and every bounce is getting sold. Momentum looks weak — steady grind down rather than a sharp flush.

Structure has shifted bearish with range support lost and consistent lower highs forming.

Unless ETH reclaims and holds above 3,020, downside toward lower demand zones remains the favored path.

Trade smart. Manage risk.