$ETH /USDT BEARISH BREAKDOWN CONFIRMED – SELL PRESSURE TAKES CONTROL!
Ethereum failed to sustain above the resistance zone around $1,842 and broke down sharply, triggering a strong bearish move. The chart shows a clear rejection from supply, followed by a bearish engulfing candle confirming downside momentum.
Trade Setup:
Short Entry: $1,834
Take Profit (TP): $1,820
Stop Loss (SL): $1,843
Market Outlook:
The price is heading towards the next demand zone near $1,819. Bearish momentum is strong as sellers took over after multiple rejections at the top. If support breaks, further downside can continue. Use tight risk control.
Command: Sell the bounce, ride the drop!