Guys ...
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$ETH /USDT TECHNICAL ANALYSIS – SHORT-TERM BEARISH BIAS
Ethereum is currently trading around $3,065, showing weakness after rejection from the $3,150–3,170 supply zone. Price is consolidating near key support, and a breakdown could trigger further downside momentum.
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📊 MARKET STRUCTURE
ETH faced strong rejection near $3,168
Lower highs indicate bearish pressure
Price hovering just above a critical support zone
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🔑 KEY LEVELS
Support Zones
$3,050 – $3,040 (Immediate support)
$3,000 (Psychological & strong demand zone)
$2,960 – $2,920 (If breakdown occurs)
Resistance Zones
$3,105 – $3,120
$3,150 – $3,170 (Major rejection area)
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🎯 TRADE SETUP (SHORT BIAS)
Short Entry:
Below $3,050 (Confirmed breakdown)
Targets:
TP1: $3,020
TP2: $3,000
TP3: $2,960
Stop Loss:
Above $3,120
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🔄 ALTERNATIVE SCENARIO (BULLISH RECOVERY)
If ETH holds above $3,050 and reclaims $3,120, we may see a bounce toward:
$3,150 → $3,200
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⚠️ RISK MANAGEMENT
Use low leverage
Risk only 1–2% per trade
Wait for confirmation before entry
Avoid overtrading during consolidation
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📌 Conclusion:
ETH remains bearish below $3,120. A clean break under $3,050 can accelerate selling pressure, while bulls need a strong reclaim to regain control.
Trade smart. Protect capital. 🚀📉
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If you want, I can also:
Make it more bullish
Shorten it for Binance Square
Add emojis / hashtags
Convert it into 15m or 4H specific setup
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