$ETH is stabilizing after a sharp sell-off, forming a bearish-to-neutral consolidation zone

Strong dump from 3,265 rejected the uptrend, followed by range-bound price action below EMA25 & EMA99 on 1H; structure shows weak bounce and lower highs, favoring downside continuation unless reclaimed.

SHORT 3,110 – 3,135

TP1 3,080, TP2 3,045, TP3 3,000

🛑 Stop Loss 3,165

Bearish bias remains while ETH trades below 3,150–3,170 resistance and fails to reclaim EMA99 convincingly.#

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ETH
ETH
3,120.58
+0.39%