$ETH /USDT – Downtrend Alert: Smart Shorting Opportunity
The red trendline is moving downward — this shows clear selling pressure and a bearish trend forming in the ETH/USDT pair. In this type of setup, it’s usually better to follow the trend and look for short opportunities.
Current Price: $1,792.38 (-0.53% in 24h)
24h High: $1,842.99
24h Low: $1,780.47
Volume:
ETH: 479,687.46
USDT: $870.32M
Price is staying close to the 24h low and struggling to hold above key levels. If it breaks below $1,780, it may continue downward toward $1,744–$1,739.
Short-term Strategy: Watch for breakdowns from support levels and use tight stop-loss if entering short. Don’t fight the trend — ride it.
Key Levels:
Support: $1,780 / $1,744
Resistance: $1,843
