$ETH /USDT BEARISH CORRECTION DEEPENS – SELLERS TIGHTEN THEIR GRIP!
ETH has slipped sharply from the $3,447–$3,474 resistance zone, breaking key intraday supports and moving toward the $3,200–$3,167 region. This sustained downside momentum suggests continued selling pressure, with bulls failing to defend mid-range levels. If price loses the $3,167 support, Ethereum may slide further toward psychological levels near $3,000.
🔻 Trade Setup (Short Entry)
Entry: $3,250 – $3,300
Take Profit 1: $3,170
Take Profit 2: $3,080
Take Profit 3: $2,980
Stop Loss: $3,380
📉 Market Outlook
ETH remains in a bearish corrective phase as long as it trades below $3,350. Sellers are dominating the structure, and losing the $3,167 floor could spark a deeper retracement. Bulls will only regain momentum if ETH reclaims $3,400 with strong buying volume.
#ETH #Ethereum #CryptoAnalysis #ETHUpdate #TechnicalAnalysis $ETH
