๐Ÿ”ฎ Ethereum Slips Below $3K โ€” Correction or Comeback Loading?

Ethereum is trading at $2,971, down 1.41%, and now sitting just above key support at $2,960. A hold above this level could spark a recovery toward $3,000 and $3,040. But if bears push ETH below $2,940, it may trigger a drop toward $2,900 or lower. With volume cooling, traders should watch for a breakout above $3,000 for bullish confirmation โ€” or a breakdown below $2,940 for a potential sell-off.

Trade Setup:

Entry Buy Zone: $2,945 โ€“ $2,960

Targets: $3,000 / $3,040 / $3,060

Stop-Loss: $2,920

Entry Sell Zone (if breakdown): Below $2,940

Targets: $2,900 / $2,860

Stop-Loss: $2,975

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