$ETH /USDT Range Hold After Sharp Sell-Off

ETH is consolidating after the recent rejection from the 3,040–3,050 zone. On the 4H chart, price is still trading below the SAR level, showing that the broader momentum remains weak, but sellers are also losing strength near the 2,880–2,900 demand area. This kind of structure usually leads to a short-term bounce or range expansion before the next decisive move.

Trade Setup: Short-Term Long (bounce play)

Entry Zone: 2,900 – 2,920

Target 1: 2,980

Target 2: 3,040

Target 3: 3,100

Stop-Loss: 2,850

Wait for confirmation and manage risk properly ETH rewards patience more than speed.

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ETH

2,948.94

+0.03%