#ETHMarketWatch $ETH /USDT BEARISH REVERSAL IN PLAY — SELLERS TAKE CONTROL AFTER REJECTION AT $2,734
$ETH failed to hold above the critical resistance near $2,734, forming a double-top structure and plunging toward the key support zone. The price is now trading around $2,583, with bearish momentum taking over on the 4H chart.
Key Levels:
Resistance: $2,734 (Recent Top), $2,664
Support: $2,483 (Immediate), $2,393 (Major)
Trade Setup (Short):
Entry: $2,580 – $2,590
TP1: $2,483
TP2: $2,393
SL: $2,665
Risk Management:
Risk 1–2% per trade. Avoid overleveraging during trend reversals — always confirm rejection candles on resistance.
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