### ETHUSDT: Extreme Bearish Breakdown -

⚠️ CRITICAL OVERSOLD BUT NO MERCY! Bears Target $2,400!

#### 🔍 Key Bearish Catalysts:

1. Price Collapse:

- -4.16% drop to $2,515.58 – trading near 24h low ($2,475.50).

- Bollinger Bands: Price piercing LOWER BAND ($2,503.07) – breakdown confirmed!

2. Oversold Yet No Relief:

- RSI(6): 17.07 (deepest oversold since April 2025 – but no reversal signals).

- Stochastic RSI: 0.37 (near zero = extreme capitulation).

- Williams %R: -87.22 (oversold, but downtrend accelerating).

3. Liquidation Tsunami Risk:

- 72% Long Positions – ripe for squeeze if $2,475 breaks.

- Negative Funding Rate (-0.04%): Shorts paid to attack – bear fuel.

4. Volume & Momentum:

- $2.9B 24h Volume: Panic selling dominates.

- OBV: +682K (divergence alert! But price ignores – bearish strength).

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#### 🎯 Trader’s Action Plan:

- SHORT ENTRY: Below *$2,475 (target $2,420 → $2,350).

- Stop-loss: $2,550 (Middle Bollinger Band resistance).

- Avoid longs until:

✓ RSI(6) > 30 + bullish MACD crossover

✓ Close above $2,630 (Upper Bollinger Band).

🔥 Final Warning:

BEARISH – Sell rallies until $2,475 holds. Bulls need a 4h candle close above $2,600 to breathe!

#ETH #Trading #Binance #BearMarket #Liquidation #TechnicalAnalysis

💬 Pro Tip:

Watch $2,475 like a laser. Break = -5% nuke! Use tight stops!