Blackrooted pfp
Blackrooted

@blackrooted

ETH lost the $2,900 support and continued lower, confirming short-term bearish structure. The breakdown came after weak consolidation, suggesting sellers are still in control. 📉 Key Levels: • Immediate Resistance: $2,900 → $2,950 • Major Resistance: $3,050 • Current Support: $2,850 • Next Support: $2,800 → $2,750 🧭 Outlook: • As long as price stays below $2,900, upside moves are likely to be corrective. • A clean reclaim and hold above $2,950 could open a short-term relief bounce. • Losing $2,850 may accelerate downside toward $2,800. Bias: Bearish in the short term, neutral only if ETH reclaims $2,950+.
0 reply
0 recast
25 reactions