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Today, Ethereum (ETH) is under significant pressure, currently trading around $2,810, reflecting a sharp 6.6% decline. The market is reacting to a cocktail of macroeconomic tension and technical triggers. After failing to hold the psychological $3,000 level, momentum has shifted to a "Strong Sell" according to most technical indicators.
Possible Next Move
The immediate trend is bearish. If ETH fails to reclaim the $2,850 level quickly, it is likely to test the next major demand zone. A consolidation phase between $2,750 and $2,800 is expected before any attempt to retest $3,000.
Professional Trading Zones
Zone Type,Price Level,Analyst Note
Major Resistance (Sell),"$3,130 – $3,260",Clusters of the 20-day and 50-day EMAs; heavy selling expected here.
Immediate Resistance,"$3,000",Key psychological barrier; ETH needs a daily close above this to flip bullish.
Primary Support (Buy),"$2,750 – $2,780","Recent intraday low and 52-week retracement level; a ""bounce"" zone."
Deep Support (Buy),"$2,500 – $2,620","Critical long-term floor; professional ""accumulation"" zone if the crash deepens."
#PreciousMetalsPullBack $ETH