$ETH
Dear Binancians 💞💞
ETH is showing signs of weakness after failing to sustain momentum above the 3,060–3,070 resistance zone, with repeated rejections indicating exhaustion from buyers. The broader structure reveals a lower-high formation, and the price drifting back toward the mid-range highlights a likely continuation of bearish pressure.
The failure to reclaim the upper levels and the steady descent from the 3,112 high suggest sellers may target deeper liquidity zones. If the price breaks below the 2,990–2,980 area, further downside movement becomes probable.
SHORT ENTRY SETUP
Entry: Below 2,990 confirmation zone
TP1: 2,947
TP2: 2,905
TP3: 2,874
SL: Above 3,063 resistance
RISK MANAGEMENT
Keep risk per trade minimal, set a firm stop-loss, avoid oversized positions, and secure profits progressively.