๐ $ETH /$USDT Short Term Volatility, Bigger Picture Still Alive
Ethereum is currently trading around $3,106 showing short term weakness on the 15 minute timeframe. We just saw a sharp move down toward $3,093 followed by a quick bounce a classic sign of liquidity sweep reaction.
๐ What the chart is telling us:
Price is trading below short term MAs, indicating temporary bearish pressure
Strong volume on the drop suggests panic selling or stop hunt
Buyers stepped in near $3,090โ$3,100 support zone
๐ Key Levels to Watch:
Support: $3,090 โ $3,100
Resistance: $3,125 โ $3,135
โ ๏ธ If ETH holds above support, we could see a relief bounce.
โ A clean break below $3,090 may invite further downside before the next move.
๐ง Smart money doesnโt chase candles it waits for confirmation.
Trade with patience, manage risk, and donโt let emotions decide your entries.
Whatโs your view on ETH from here bounce or breakdown? ๐
Letโs discuss ๐
