$ETH
/USDT DROPS -4.84% — BEARS TAKE CONTROL AS SUPPORT GETS TESTED!
Ethereum has taken a sharp dive, losing nearly 5% to trade at $2,371.62, after failing to hold above the key $2,500 zone. The chart shows heavy bearish pressure with consecutive red candles and a breakdown toward the $2,323.21 low. Recovery attempts are weak so far.
Trade Setup (Short Bias):
Entry: $2,385 – $2,400
Take Profit (TP): $2,330 / $2,275
Stop Loss (SL): $2,460
Market Outlook:
Momentum has clearly shifted to the downside. Unless bulls reclaim $2,450+ quickly, Ethereum may remain under pressure. A bounce is possible from oversold zones, but for now, the path of least resistance is down.
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