Technical analysis by HoneySpotTrading about Symbol ETH: Sell recommendation (12/5/2025)

📌 ETHUSDT – Weakness in the Premium Zone & Potential Reversal Scenario 📝 Professional Analysis The ETHUSDT chart shows that after a strong upward move, price has entered a clearly defined premium supply zone (≈ 3,200–3,250 USD). This area has previously acted as a strong rejection zone and is now showing similar reaction signals again. The current structure indicates a possible liquidity grab / sweep at the top, followed by range-type movement — a typical sign of an upcoming reversal. 🔍 Key Points of the Analysis 1️⃣ Major Supply & Activation Zone (3,200–3,248 USD) This zone is acting as a strong resistance. Liquidity was taken above this level multiple times without a sustained breakout. As long as ETH stays below 3,248, the probability of a pullback remains high. 2️⃣ Signs of Weakness in the High Region Multiple wicks and ranging behavior indicate buyer exhaustion. Market structure is close to breaking downward if the last local low gets violated. 3️⃣ Potential Short Continuation A break in short-term structure could trigger a strong impulsive drop. The chart markings clearly suggest a sequence: Break → Impulse → Retracement → Drop into targets 🎯 Key Levels (POIs & Targets) POI #1: 2,988 POI #2: 2,930–2,907 (FVG + demand cluster) POI #3: 2,886 Critical Zone: 2,779 (main target area) 🎯 Final Target: 2,711 USD – This level aligns with an important inefficient price fill + demand mitigation. 📉 Summary ETH is showing clear signs of exhaustion within the premium resistance zone. If market structure breaks, a clean short scenario opens up with target zones at 2,988 → 2,779 → 2,711 USD.