$ETH /USDT – BEARISH PRESSURE EMERGING, DOWNSIDE POTENTIAL AHEAD ⚡
ETH/USDT is showing bearish momentum after failing to sustain above $2,972. Price is currently struggling near mid-range support, suggesting sellers may push toward lower demand zones if pressure continues. Immediate weakness could trigger further downside.
Trade Setup (SHORT)
Entry Range: $2,970 – $2,975
Target 1: $2,944
Target 2: $2,922
Target 3: $2,900
Stop Loss (SL): $2,988
Short Setup of Market
ETH is reacting to resistance and forming lower highs, indicating short-term bearish bias. A sustained move below $2,944 would confirm the downside continuation, while reclaiming $2,975 may shift momentum back toward consolidation or bullish pressure.
