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$ETH (D1): SHORT BIAS
Broke rising channel → trend weakness
Lower highs & lower lows → bears in control
Rejection below key resistance
Short below: 3,050
Targets: 2,900 → 2,780
Invalidation: Daily close above 3,240
Trend weak. Bounces are sell-the-rally.
$ETH – Daily Chart | Short Bias
#ETH is showing clear weakness on the daily timeframe. Price has broken below the rising channel, confirming a shift in market structure. The sequence of lower highs and lower lows signals that sellers are in control. Previous support around the 3,050–3,080 zone has flipped into resistance, and price is struggling to reclaim it. As long as #Ethereum trades below this level, the bias remains bearish. A breakdown below 2,900 can open the door for a move toward the 2,780 support zone. Any short-term bounce should be treated as a sell-the-rally move, not a trend reversal.
$ETH TIME...!