$ETH Momentum Shifts Bearish
Ethereum has stalled after a sharp rejection at the supply zone, with price slipping back below a key intraday level. The follow-up consolidation looks weak and corrective, suggesting buyers lack conviction while sellers slowly regain control. Unless ETH can reclaim the rejected zone with strength, pressure to the downside is expected to persist.
ETHUSDT
Perp
2,972.78
+0.88%
Trade Setup (Short):
Entry: 2,925 – 2,945
TP1: 2,910
TP2: 2,900
SL: 2,970
Bias stays bearish below resistance—wait for confirmation and manage risk carefully.
