"" ETH will go down with this setup ""
Major Resistance:
- $2,995–$3,015 (where the EMAs cluster up with a supply zone)
- $3,435 (strong resistance on higher timeframes)
Major Support:
- $2,800–$2,820 (this demand zone stands out in blue)
- If that breaks, watch $2,750
Bearish Set-Up
If price can’t break above the 20 or 50 EMA, or you spot a rejection candle near $2,950–$3,000,
Targets if sellers take over:
- TP1: $2,750
- TP2: $2,650
- TP3: $2,520 if the drop accelerates
Stop loss on shorts goes above $3,050