$ETH is showing strong bearish pressure after dropping to 3,221, reacting from the 3,370 resistance zone. Price is approaching a major support range at 3,150–3,200, where buyers have consistently shown interest. A bounce is likely if this zone holds, but losing it could open deeper downside.
Entry Zone (Long Setup):
3,150 – 3,220
Targets:
TP1: 3,280
TP2: 3,330
TP3: 3,395
Stop-Loss:
3,130
ETH is trading below MA(5) and slightly above MA(10), showing short-term weakness but still within a broader support region. Volume remains high, indicating active buyers defending lower levels. A close above 3,330 will confirm momentum recovery.
Short-term trend: Bearish but nearing strong support — bounce potential high
