$BTC
Ethereum ($ETH) is showing weakness after it failed to maintain levels above the $2,600 resistance zone. With the price currently hovering around $2,533, there are signs pointing toward potential bearish momentum.
Suggested Short Position:
Entry Zone: Between $2,530 and $2,540
Initial Target: $2,500
Secondary Target: $2,445
Stop Loss: $2,570
Risk Guidance:
Invest only 2–3% of your capital on each trade. Stick strictly to your stop loss. Once the first target is achieved, consider adjusting the stop loss to lock in gains.
Stay cautious — bearish sentiment might gain control soon.