$ETH Breakdown Brewing Bulls Losing Steam! 🔻
$ETH is stalling hard below $2,960–$2,980, repeatedly failing to punch through resistance. Lower highs and drying momentum are flashing warning signs. This rejection opens the door for a potential drop into lower demand zones.
📉 Short Trade Setup:
• Entry Zone: $2,958 – $2,962
• TP1: $2,930
• TP2: $2,915
• TP3: $2,902
• SL: $2,983
📌 Key Insight: Divergence on 15m + 1H, with fading strength near highs. If $2,940 breaks expect a fast slide. Unless bulls reclaim $2,983, this setup stays in favor of the bears. Watch momentum closely!$ETH #ETHETFsApproved