$ETH Bearish Trading Signal - Short-term Downtrend Intensifying!
$ETH is losing its bullish momentum as the price rejects the $2,680 area, forming consecutive highs and lows on the 15-minute chart. The breakdown from the $2,640 support level confirms short-term selling pressure. Momentum remains weak with bearish trading volume dominating.
Trading Setup (Sell):
Entry: $2,610 - $2,625
Target 1: $2,580
Target 2: $2,545
Stop Loss: $2,655
Why Short Selling?
Ethereum is struggling to regain its bullish structure after repeated failures at resistance levels. As long as the price remains below the $2,640 level, bears are in control of the market, and a retest of the demand level near $2,550 is likely.
