$ETH /USD BEARISH SETUP – SIDEWAYS CONSOLIDATION BREAKS DOWNWARD!

Ethereum is showing weakness below $1,832 after multiple rejections from the supply zone. Price has failed to reclaim structure and is now breaking below the short-term demand, signaling a potential push to lower levels.

TRADE SETUP (SHORT):

• Entry: $1,829

• Target 1 (TP1): $1,813

• Target 2 (TP2): $1,808

• Stop Loss (SL): $1,838

KEY LEVELS:

• Resistance Zone: $1,832 - $1,838

• Support Zone: $1,808

• Current Price: $1,829.36

MARKET OUTLOOK:

ETH is respecting lower highs and failing to reclaim key resistance. Bears are controlling momentum with signs of a clean breakdown from the consolidation box. A flush toward $1,808 looks highly probable.

RISK MANAGEMENT:

Use tight SLs, risking only 1-2% per trade. Lock in partials at TP1 and manage risk to breakeven afterward.

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