$ETH Upside Attempts Weakening Near Resistance, Short Bias Holding (Bearish)
ETH is trading around the 2,928 level after failing to hold above the 2,960–2,980 resistance zone.
As long as ETH remains below the 2,960–2,980 zone, the short-term bias remains bearish, with a move back toward lower support levels likely.
Trade Setup (Short):
Entry Zone: 2,950 – 2,980
Target 1: 2,920
Target 2: 2,890
Target 3: 2,850
Stop-Loss: 3,000
A rejection from the 2,960–2,980 resistance area could trigger a pullback toward prior demand zones. A sustained 15-minute close above 3,000 would invalidate this setup.
ETH
2,849.2
-0.31%