$ETH – BEARS STILL IN CONTROL, WATCH FOR ONE MORE LEG DOWN🔥💯
Ethereum continues to bleed after losing key intraday supports, forming a clean sequence of lower highs and lower lows. $ETH is now hovering just above the 3,205–3,215 demand zone, where short-term buyers may attempt a reaction. However, momentum remains strongly bearish, and unless price reclaims 3,260, the market favors another downside extension.
Trade Setup (Short)
Entry Range: 3,218 – 3,235
Target 1: 3,185
Target 2: 3,158
Target 3: 3,128
Stop Loss (SL): 3,268
Market Outlook:
Trend structure is decisively bearish. Small bounces may appear, but they are likely to be sold into until a clear reversal candle shows strength above 3,260.
