$ETH Short-Term Relief Rally Testing Key Resistance

Current Price: $2,991 (-1.3% 24h). Sharp bounce from $2,902 but price still capped below EMA(99) with broader bearish structure intact.

🎯 SHORT Entry: $2,990 – $3,030

TP1 $2,940

TP2 $2,880

TP3 $2,820

Stop Loss $3,120

This bounce looks corrective within a larger downtrend, with $3,020–3,050 acting as heavy supply. Rejection in this zone favors continuation lower, while only a strong reclaim above $3,120 would shift momentum bullish.

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ETH
ETHUSDT
2,838.27
-4.03%