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ETH/USD - Price Action Update
Ethereum just got rejected hard at that $3135 resistance zone. This rejection signals weakness, so I'm watching for further downside plays here. If the selling pressure continues, we could see a bigger drop testing $3100 first, then potentially sliding down to $3065. The setup looks bearish unless we get a strong reversal. Key levels to monitor: $3135 (resistance), $3100 (intermediate support), and $3065 (major support floor).