🔥 $ETH Facing Imminent Drop? 🐻

Entry Zone: 2950 – 2990

TP1: 2880

TP2: 2840

TP3: 2800

SL: Above 3040

$ETH just hit a major wall between 3,020–3,030. We saw a powerful rejection – think aggressive selling and potential stop-loss hunts. Price is now confirming a bearish trend on shorter timeframes after breaking below the previous range.

Key support sits around 2,880–2,870, with further levels at 2,840 and 2,800. This isn’t looking like a buy-the-dip opportunity; it feels like continuation of a downward move. 📉

Be ready to short the pullback, but protect your capital! Volatility is high. A break *above* 3,030 would cancel this setup.

#Ethereum #CryptoTrading #Bearish #TechnicalAnalysis 🐻

ETHUSDT

Prep

2,804.35

-4.85%