$ETH HBEARISH PULLBACK — SELLERS TESTING SUPPORT NEAR $3,750 ⚠️
Ethereum has pulled back from the recent high at $3,941, now hovering around $3,772. Price is struggling to hold above the $3,790 average, indicating fading bullish strength. Without a push above $3,800, the short-term outlook remains under pressure.
📊 Trade Setup:
Entry (Short): $3,770 – $3,800
TP1: $3,720
TP2: $3,630
Stop Loss: $3,840
📈 Market Outlook:
Momentum shows early signs of weakness after a strong rally. A breakdown below $3,720 could lead to a deeper retracement. Bulls need a breakout above $3,800 to regain upside momentum.
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