SHORT SIGNAL ACTIVE❗$ETH BREAKDOWN Signal❗Short Setup Active Now❗USDT Analysis Update❗
Great move for short traders recently — congratulations to everyone who caught this drop❗
Ethereum has broken down sharply, now trading at $1,575.31, down nearly -4% in the last 24 hours. The 1D chart clearly shows a strong bearish trend, especially with that massive red candle signaling intense sell-off pressure.
Key highlights:
24H High: $1,661.21
24H Low: $1,551.18
Volume (ETH): 505K+ ETH
Volume (USDT): 814.92M USDT
In the past 90 days, ETH has dropped -53.28% — yes, more than HALF its value❗
Currently, ETH is showing sideways consolidation between ~$1,550–$1,600 after a huge dump. If it fails to hold this range, the next support zone could lie around the $1,500 psychological level or even lower❓
Short-term traders should watch for a possible retest of resistance near $1,600–$1,630, while long-term holders might want to remain cautious until a reversal structure is confirmed.