$ETH USDT PERP on Binance just turned savage 🔥
15m chart shows ETH at 2890 after a sharp sell off
Price slammed down from the 2940 zone straight to the 2874 low and bounced fast
That long red candle says panic selling then instant buyers stepped in
EMA story is clear
EMA 7 at 2908 is sharply down
EMA 25 at 2926 acting as strong resistance
EMA 99 near 2941 showing the bigger trend pressure
Market structure feels heavy
Lower highs
Fast rejection from the mid range
Momentum still bearish until ETH reclaims 2920 to 2930
Key levels to watch
Support 2874 then 2850
Resistance 2920 then 2940
This move feels emotional
Weak hands shaken
Smart money watching the reaction
Next few candles will decide if this is just a dead cat bounce or the start of a real reversal ⚡
Trade carefully this zone is pure adrenaline 🧠📉
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