@blackrooted

Current Price: $3,071 ETH just printed a sharp 1H breakdown candle, rejecting the $3,230–$3,250 zone and flushing straight into the $3,070–$3,100 support area. 📉 What happened • Strong selling momentum hit after multiple failed attempts to reclaim $3,240. • The breakdown shows a clear shift in short-term momentum to the downside. • Current candle is high-volume and impulsive — usually a sign of stop-loss cascade. 📌 Key Levels Now • Immediate Support: $3,050 → $3,000 • Immediate Resistance: $3,160 → $3,200 • Major Line in the Sand: $3,000 🧭 Outlook • As long as ETH holds above $3,050–$3,000, price may attempt a relief bounce back toward $3,160–$3,200. • A clean break below $3,000 would invalidate short-term bullish structure and open a deeper pullback. Bias: Short-term bearish momentum, but key support still intact.

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