$ETH

Trade set up

📉 $ETH – Trading Plan (Short-Biased):

• Entry (Sell): Below $3,120 – $3,150 after rejection from resistance

• Stop Loss (SL): $3,220 (above resistance & structure high)

• Take Profit (TP): $2,980 → $2,900

📊 Indicators:

• RSI (14) is below 50 → shows bearish momentum, buyers are weak

• MACD remains below zero → trend momentum still bearish

• Price is trading below key EMAs, confirming sellers control the market.

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ETHUSDT

Perp

3,106.32

-0.76%