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Ethereum Stalls at $3,101.0

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FenzoFx—Ethereum broke past $2,880.0 but stalled near a bearish fair value gap. The daily chart shows a longwick bearish candlestick, signaling increased selling pressure.

With Stochastic at 90.0, ETH is short-term overbought. Resistance is at $3,101.0—if it holds, ETH may retreat to $2,880.0 or $2,638.0.

A close above $3,101.0 would invalidate the bearish outlook and pave the way toward $3,330.0.

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