đ $ETH /USDT Bulls Watch Critical Support for Rebound! đĄïžđ„
Ethereum is trading near $3,114 (-0.77%), after getting rejected from the $3,200 resistance zone. Price is now approaching a key support area at $3,100â$3,060, where bulls may step back in.
If ETH prints a reversal candle near $3,060, a rebound toward $3,180â$3,200 is likely. However, a clean breakdown below $3,060 may trigger a slide to $2,980.
đ Trade Setup (Long Bias):
âą Entry: $3,070
âą đŻ Target: $3,180
âą đ Stop Loss: $2,980
đ Watch for:
âą Bullish engulfing or hammer candle near $3,060
âą Volume spike supporting the bounce
Decision Zone Active bulls must hold $3,060 or risk a deeper pullback!