$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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