$ETH is trading below a key intraday resistance and showing clear weakness after the sharp sell-off. Price is consolidating under the breakdown zone, and buyers are failing to reclaim the previous support, which now acts as resistance..............

This structure signals distribution, and as long as $ETH stays below this level, downside continuation toward the lower demand zone remains likely.............

Trade Setup

Entry: 2,930 – 2,970

Target 1: 2,900

Target 2: 2,875

Target 3: 2,845

Stop Loss: 3,020

ETH

2,828.88

-4.34%