$ETH /USDT BEARS TAKE CONTROL AS PRICE SLIPS BELOW KEY MOVING AVERAGES
Ethereum ($ETH) is showing clear signs of bearish momentum after failing to sustain above the $3,860 level. The price is now trading below both the MA(7) and MA(25), with the MA(99) at $3,913 acting as strong resistance. This alignment indicates growing selling pressure and fading bullish strength. If the current $3,821 support breaks, ETH could slide further toward the $3,750โ$3,700 zone. Weak RSI readings and negative MACD crossover further support this bearish outlook.
๐นTrade Setup:
Entry (Short): $3,855 โ $3,870
Take Profit (TP): $3,780 / $3,720
Stop Loss (SL): $3,920
Market Outlook:
Ethereum remains in a corrective phase after a strong multi-month rally. Unless bulls reclaim $3,900+ with strong volume, short-term direction favors sellers. Watch for volatility around $3,820, as a confirmed breakdown could accelerate bearish continuation in the coming sessions.
