$ETH is showing bearish pressure, trading below key moving averages around $3,028. Price rejected from $3,200 resistance and is forming lower highs. Volume declining suggests weak momentum. However, support near $2,900-$2,950 zone could provide bounce opportunity. Cautious approach recommended until clear trend emerges.
Targets:
TP1: $3,150
TP2: $3,280
TP3: $3,420
Stop Loss: $2,880