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Blackrooted

@blackrooted

ETH urrent Price: $2,828.42 Ethereum experienced a sharp rejection from the $3,050–$3,100 zone, resulting in a strong selloff candle pushing price back below the psychological level $2,900. This drop signals rising selling pressure after failing to maintain higher levels. πŸ“ Key Levels β€’ Major Resistance: $2,900 β†’ $3,050 β€’ Major Support: $2,750 β†’ $2,680 β€’ Neutral Zone: $2,780–$2,900 πŸ“Š Outlook β€’ If ETH can reclaim and hold above $2,900, the path toward another retest of $3,050 reopens. β€’ If price continues to struggle below $2,900, there is increased risk of a corrective move toward $2,750, and potentially deeper toward $2,680 if momentum weakens further. 🎯 Bias: Neutral β†’ Bearish, as long as ETH remains below $2,900 and fails to regain momentum. ⚠️ Today’s strong selloff candle is a key signal β€” bulls need a recovery bounce soon to avoid further downside continuation.
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