$ETH /USDT BEARISH PULLBACK AFTER SPIKE — SELLERS RECLAIM CONTROL!
Ethereum has sharply reversed from the $2,615 resistance, now trading around $2,503.50. The 30-minute chart shows a heavy red candle after a failed breakout attempt, indicating strong rejection and fresh selling pressure as ETH breaks below $2,520 support.
Trade Setup (SHORT):
Entry: $2,505 – $2,515
Take Profit (TP): $2,470 / $2,450
Stop Loss (SL): $2,535
Market Outlook:
ETH is facing rejection at key resistance and continues to form lower highs. If bearish momentum persists, further downside toward $2,450 is probable. Caution advised on long entries unless $2,540 is reclaimed.
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