$ETH USDT – BEARISH SIGNAL BREWING! WEAKNESS NEAR RESISTANCE!
• STRUGGLING TO BREAK ABOVE $3,175
• LOWER TIMEFRAME SHOWS LOSING MOMENTUM
$ETH posted a strong rally but is now showing hesitation at the key resistance zone of $3,175. The latest hourly candle has printed a small-bodied formation with a long wick, signaling possible exhaustion after the recent +6% push.
Potential Reversal Setup (Short Bias):
• Entry: $3,160 – $3,175
• Target 1: $3,086
• Target 2: $3,030
• Stop Loss: $3,192
If ETH fails to close decisively above $3,175, we could see a healthy pullback toward recent demand zones. Caution for longs as bears may regain control.