$ETH
USDT – BEARISH PRESSURE PERSISTING BELOW $3,030
LOWER HIGHS DOMINATE NEAR-TERM STRUCTURE
SUPPORT TESTED AT $2,992.30
Ethereum is hovering just above local support after a consistent pullback from the $3,083 high. The 15-minute chart shows a clear downtrend with minor bounces facing rejection. Price is struggling to hold above the $3,000 psychological level, which may soon act as resistance.
TRADE SETUP
Direction: Short
Entry: $3,006
Targets (TP): $2,985 → $2,950
Stop Loss (SL): $3,030
Any move below $2,992 could open the door for acceleration to the downside. Watch for weakness near $3,015–$3,020 to confirm bearish continuation.
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