$ETH
ETHUSDT
Perp
2,478.96
-2.45%
bulls still have room to push higher, but there’s a zone I’m watching closely.
$2,780–$3,020 is a major daily supply area.
If $ETH reaches that zone and gets rejected, we could see a much deeper pullback rather than another straight move higher.
The key is not to short just because price reaches resistance. I want to see the reaction first.
For now:
$2.8K–$3.0K → major resistance
Rejection → bearish setup gets interesting
Break and hold above → setup needs to be reassessed