Technical analysis by FenzoFxBroker about Symbol ETH: Sell recommendation (7/12/2025)

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.