$ETH /USDT BEARISH PULLBACK – STRUGGLING BELOW $3,100!

$ETH /USDT is currently trading at $2,980.65 (-2.12%), showing signs of weak momentum after failing to break above $3,100. Sellers are defending resistance, and Ethereum is now testing crucial support levels.

KEY LEVELS TO WATCH

Support Zones:

$2,940 – Immediate support

$2,880 – Strong demand zone

Resistance Levels:

$3,040 – Minor resistance

$3,100 – Key breakout level

Current Price: $2,980.65

TRADE SETUP – SHORT ENTRY

Entry Zone: $2,990 – $3,020 (retest rejection)

Targets:

TP1: $2,940

TP2: $2,880

TP3: $2,800

❌ Stop Loss: $3,105

RISK MANAGEMENT TIP

Risk 1–2% max. Use proper SL and monitor volume spikes. If price reclaims $3,100 with strong volume, flip bias cautiously.

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