$ETH /USDT TECHNICAL ANALYSIS – SHORT SETUP
Last Price: $3,288.67 (-0.76%)
24h High / Low: $3,319.43 / $3,251.42
24h Volume: 2.04M ETH | 6.72B USDT
Market Overview
ETH has recently tested the $3,319 resistance level but failed to sustain momentum, showing early signs of bearish pressure. Price is now trading near $3,288, indicating potential downside continuation.
Key Levels
Resistance: $3,319 – $3,340 (recent high)
Support: $3,250 – $3,240 (short-term demand)
Major Support: $3,200 (psychological level)
Short-Term Outlook
Price rejected at resistance and is forming lower highs on the 1h and 4h charts.
Momentum indicators are signaling slight bearishness, suggesting a short-term
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