$ETH /USDT – Short-Term Setup

$ETH has corrected sharply from the 3,170 zone and is now stabilizing near 2,930. Price is reacting at a short-term demand area after a strong bearish impulse. Volume is tapering off, hinting at potential relief or consolidation before the next directional move.

Bias: Relief bounce while holding support

Entry Zone: 2,920 – 2,950

Invalidation: Below 2,890

Targets:

TG1: 2,980

TG2: 3,040

TG3: 3,120

Holding above 2,900 keeps ETH in a recovery structure. A reclaim of 2,980 can trigger momentum toward the psychological 3K zone and higher. Loss of support invalidates the setup and opens further downside.