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$ETH Imminent Drop Incoming! 📉
Entry: 2,976.42 USDT
Target 1: 2,958 USDT
Target 2: 2,944 USDT
Target 3: 2,926 USDT
Stop Loss: 3,010 USDT
$ETH is facing strong resistance around 3,000 USDT, with sellers aggressively defending this key level. 🐻 Volume is moderate, signaling a lack of strong buying pressure. The Parabolic SAR indicator suggests potential for further downside, as price remains above the SAR.
Recent rejection from the 3,010–3,020 USDT zone confirms bearish sentiment. Conservative targets are set near daily support levels – 2,958 USDT, 2,944 USDT, and 2,926 USDT. Protect your position with a stop loss at 3,010 USDT. Watch for volume spikes to confirm continuation. This short setup offers a calculated risk-reward opportunity. 🚀
#Ethereum #CryptoTrading #ShortPosition #TechnicalAnalysis 🐻