Ethereum Dilemma: $2,819 Drop or $3K Breakthrout?

Ethereum is bearish in the daily chart and can decline to $2,819, where price action will be very important.

The ETHUSD chart has to push up to above $3,006 into the daily range zone towards $3,354, a critical daily resistance.

A sustained price action that we see below $3,006 confirms the weakness, potentially triggering a bearish momentum targeting $2,597.

Comment:

Ethereum is still bearish in the daily chart and can decline to $2,819, if is unable to re-claim $3,006.

A bullish break-out of $3,006 will lead to $3,354, a critical daily resistance.

⚠️ An inability to re-claim $3,006 may trigger a bearish momentum any moment targeting $2,597.