#StopLossStrategies 🚨 ETH/USDT Falls Sharply as Key Support Breaks – Bears in Control! 🚨

Ethereum has plunged -9.39% on the 4-hour chart, breaking below the crucial $1,662 support and hitting a low of $1,602. This confirms strong bearish momentum, with key indicators flashing red:

📉 Bearish Signals:

✅ MACD – Deep in negative territory, confirming seller dominance.

✅ Parabolic SAR – Dots flipped above price, signaling a strong downtrend.

✅ Moving Averages – ETH trading below key levels, reinforcing short-term weakness.

✅ Volume Surge – Breakdown saw a spike, indicating capitulation selling.

🔻 Trade Setup (SHORT):

🔸 Entry: $1,620

🔸 Take Profit (TP1/TP2): $1,580 / $1,540

🔸 Stop Loss (SL): $1,650

📊 Market Outlook:

• The lower-high, lower-low structure confirms the 4H downtrend remains intact.

• $1,662 flips into resistance – ETH must reclaim it to trigger a relief bounce.

• Next support levels: $1,600 (psychological level), with further downside risk to $1,550 if selling pressure persists.

• $150M+ in ETH long liquidations have intensified the drop, amplifying market fears.

💡 Key Question: Can bulls reclaim $1,662, or is ETH heading toward deeper lows? Share your thoughts! 👇

#BTCBelow80K #StopLossStrategies #CryptoTariffDrop #ETH #BinanceAlphaAlert 🚀