$ETH – Facing Heavy Resistance Again ⚠️
Ethereum hit a strong rejection zone near $3,600, triggering a sharp pullback. After touching $3,565, sellers took control, forming a clear breakdown candle that confirms bearish pressure.
This repeated rejection at $3,600 shows it remains a major supply wall, where bulls continue to lose momentum. Until ETH closes above this level with strong volume, caution is advised for long positions.
Trade Setup:
Entry Zone: $3,480 – $3,520
Targets:
🎯 T1: $3,420
🎯 T2: $3,350
🎯 T3: $3,250
Stop Loss: $3,610
Current Price: $3,490
Bias: 🔻 Bearish unless breakout above $3,600 confirmed
ETHUSDT
Perp
3,033.67
-0.94%