$ETH is showing bearish momentum as the price continues to move lower with consecutive red candles.

ETH

3,019.77

+3.37%

ETHUSDT

Διην.

3,018.43

+3.27%

📌 Current Price: $2,927
📉 Downtrend forming after a strong rejection at $2,980

🟦 Key Levels

✅ Support Zone: $2,910 – $2,920
🚫 Resistance Zone: $2,950 – $2,960

📌 Price Action Observation
The market is forming lower highs and lower lows

Buying pressure is weak

Bears are dominating the market right now

⚠️ Short-Term Trade Setup

📌 Entry: $2,925 – $2,930

🛑 Stop Loss: $2,950

🎯 Take Profit:
➡️ $2,910
➡️ $2,900
➡️ $2,880

🔍 Conclusion
ETH is likely to continue its bearish move unless it breaks above $2,950.
Keep an eye on the support zone for possible bounce or continuation.
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