$ETH bounce is running into supply, not real demand.
Short $ETH
Entry: 2,960 – 2,980
SL: 3,020
TP1: 2,890
TP2: 2,840
Price action shows clear rejection from the upper zone near 3k, with upside attempts failing to gain acceptance. Buying interest remains weak, and volume is fading on rallies. This reads as a resistance rejection setup, keeping the downside continuation scenario favored while sellers continue to defend the level.
Trade $ETH here 👇
ETHUSDT
Perp
2,829.88
-4.16%