$ETH /USDT Short trade signal 🚦 🛑
BEARISH BREAKDOWN ALERT! MORE DOWNSIDE RISK AHEAD! 🚨
Market Analysis:
$ETH/USDT is under heavy selling pressure, currently trading at $1,842.50, down -3.64% for the day. The pair has broken key support levels and is struggling to recover momentum. Immediate resistance is at $1,870 and $1,910, while support lies at $1,830 and $1,800. A decisive breakdown below $1,830 could accelerate bearish momentum toward $1,800 and beyond.
🔎 Key Levels:
Resistance: $1,870, $1,910
Support: $1,830, $1,800
📉 Trade Setup:
Short Entry: $1,845 – $1,850
Take Profit (TP): $1,830, $1,800
Stop Loss (SL): $1,880
🔥 Market Outlook:
Bearish market structure remains dominant with increased selling volume. Lower highs and consistent rejection at resistance levels suggest that sellers are still in control. Bulls need to reclaim $1,870 to regain strength, but failure to hold $1,830 could invite sharper declines.
⚠️ Risk Management:
Use proper position sizing and maintain a tight stop loss to limit downside exposure. Avoid overleveraging in volatile market conditions.
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