$ETH – BEARISH RETEST NEAR RESISTANCE, SELL PRESSURE BUILDING AGAIN

After rebounding from the $3,680 low, $ETH is now facing strong resistance near the $3,900 zone — an area that previously acted as support before the breakdown. The recent candles show rejection wicks and fading bullish volume, suggesting that buyers are struggling to push higher. The broader structure remains bearish with clear lower highs and lower lows forming since the $4,253 peak. If $ETH fails to reclaim $3,920 with momentum, it risks rolling back toward $3,750 and possibly retesting $3,680 once again. Sellers are likely to remain dominant unless a decisive breakout occurs above resistance.

Targets:

TP1: $3,750

TP2: $3,680

Stop Loss:

$3,930

#ETH #BearishSetup #CryptoAnalysis #BinanceFutures

ETH

3,171.39

-9.36%