š $ETH /USDT Bearish Breakdown in Play! š¦š
Ethereum is under heavy pressure after multiple rejections at the $2,560 resistance zone. Price action is forming clear lower highs on the 30m, with sellers stepping in aggressively and momentum shifting toward deeper downside targets.
š» Short Setup:
ā¢ Entry: $2,550 ā $2,555
ā¢ Take Profit 1: $2,530
ā¢ Take Profit 2: $2,515
ā¢ Stop Loss: $2,565
š Market Outlook:
ETH is locked in a steep downtrend, confirming seller dominance as long as price stays below $2,560. Look for continuation candles below $2,550 to validate the short thesis and signal momentum acceleration toward support zones.
ā ļø Quick Tip: Trail your stop once TP1 hits to protect profits volatility could spike on any sudden BTC moves.