🚨 $ETH STRUGGLES TO HOLD $2,900: Support or Setup for More Downside?
#Ethereum chart is showing signs of weakness tonight, with price now hovering around $2,930 after a 1.63% dip in the past 24 hours. We're seeing a clear short-term downtrend on the 1-hour chart, marked by lower highs and lower lows since yesterday's rejection near $3,040... 🔥
Price found some temporary footing around $2,903, but resistance is now building near $2,980–$3,000 the same zone that previously acted as support. Volume remains steady (ETH at 442K, USDT at 1.31B), and while sellers have been dominant, the latest green candle suggests bulls are trying to defend this level.