🛑 $ETH Faces Strong Rejection! Bears Gaining Ground! 🚦📉

Ethereum tapped into the $3,100 resistance and instantly got slapped down forming a clear bearish engulfing candle on the 30m chart. Momentum has shifted, and price is now retreating after failing to hold above the key supply zone.

This signals potential downside ahead, with sellers likely eyeing lower support zones if $3,100 isn’t reclaimed.

🔻 Short Trade Plan:

• Entry Zone: $3,055 – $3,070

• 🎯 TP1: $3,000

• 🎯 TP2: $2,950

• 🎯 TP3: $2,933

• ❌ Stop Loss: $3,100

• 💼 Margin: 2–3%

• ⚙️ Leverage: 10x

📌 Key Insight: As long as price stays below $3,100 and volume weakens, downside pressure may continue a clean rejection play for short-term traders. ⚠️🧠