$ETHFI /USDT – Bearish Momentum Accelerates! Short Setup Live!
Current Price: $1.298 (-13.00%)
$ETHFI has plunged sharply from the $1.52 zone and is struggling to hold above the $1.30 mark. Momentum remains bearish with continued lower highs and lower lows.
Key Resistance:
$1.38
$1.45
Support Zones:
$1.26 (24H low, key breakdown zone)
$1.20
Short Trade Setup:
Entry Zone: $1.31 – $1.36
TP1: $1.26
TP2: $1.20
Stop Loss: $1.38
Market Insight:
This is a classic lower-high rejection followed by strong bearish candles. Unless bulls reclaim $1.40+, more downside is expected.
Pro Tip:
Use the 15m chart to confirm rejection with volume spikes or EMA crossovers before entry.
Scalp smart, manage risk – bears have the upper hand!
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