๐ ETH/USDT โ Major Breakdown Confirmed!
Ethereum faced a sharp rejection after a clear SHORT signal was triggered at the top, backed by a significant Sell Volume: 2010.60 ETH ๐งจ
๐ฅ Key Observations:
Price was ranging below resistance (Red Line) for a while, indicating indecision.
Once the breakdown happened, ETH dropped aggressively โ forming a clean lower low structure.
Current price is attempting a minor recovery, but the lower high + weak momentum shows bears are still in control.
Strong support sits near $1,412 (Green Line) โ if that breaks, we could see deeper dips.
๐ง What to watch:
If price fails to reclaim $1,600โ$1,620, another leg down could follow.
For bulls to regain control, ETH must flip the red resistance level into support.
๐ Trend: Bearish
๐ฏ Sentiment: Cautious โ Wait for confirmation before jumping in.
๐ฌ How are you trading this move? Holding, shorting, or waiting it out?
