$ETH /USDT BEARISH SLIDE CONTINUES – SUPPORTS CRACKING UNDER PRESSURE
$ETH is currently trading at $2,388.06 after facing heavy rejection near $2,525 and breaking below the key $2,450 level. The chart reveals sustained downward momentum, with sellers pressing the price toward the $2,325 support. If bulls fail to defend this zone, further declines are likely.
Trade Setup:
Entry (Short): $2,400 – $2,420
Take Profit: $2,325 / $2,250
Stop Loss: $2,470
Market Outlook:
Bearish momentum dominates, and the recent breakdown from the $2,450 level adds to downside pressure. Price action shows weak buyer interest, increasing the probability of testing lower zones.
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