$ETH /USDT BEARISH PULLBACK ā LAYER 1 GIANT FACES SHORT-TERM DOWNSIDE! ā ļø
is trading near $3,362, down -0.80%, after failing to sustain above the $3,415 resistance. Price is consolidating in the $3,360ā$3,415 range, forming a short-term bearish structure. A breakdown below $3,360ā$3,345 could open the path toward support levels around $3,250ā$3,245, signaling caution for buyers in the near term.
š¹Trade Setup:
Entry (Short): $3,360ā$3,365 (on breakdown below $3,345)
Targets (TP): $3,250 / $3,245 / $3,200
Stop Loss (SL): $3,415
šMarket Outlook:
$ETH shows signs of short-term bearish pressure on 1H and 4H charts. Any failed attempt to reclaim $3,400ā$3,415 could reinforce the downward bias, while support at $3,250ā$3,260 remains key for a potential rebound.
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