📉 $ETH /USDT Bulls Watch Critical Support for Rebound! 🛡️🔥
Ethereum is trading near $3,114 (-0.77%), after getting rejected from the $3,200 resistance zone. Price is now approaching a key support area at $3,100–$3,060, where bulls may step back in.
If ETH prints a reversal candle near $3,060, a rebound toward $3,180–$3,200 is likely. However, a clean breakdown below $3,060 may trigger a slide to $2,980.
📊 Trade Setup (Long Bias):
• Entry: $3,070
• 🎯 Target: $3,180
• 🛑 Stop Loss: $2,980
🔍 Watch for:
• Bullish engulfing or hammer candle near $3,060
• Volume spike supporting the bounce
Decision Zone Active bulls must hold $3,060 or risk a deeper pullback!