$ETH USDT BEARISH MOVE OCCURRING BELOW KEY RESISTANCE
$ETH shows signs of weakness after a rejection at the resistance level of $2,640. Bears have taken control with a decline of -5.67% over 24 hours.
🔹 Resistance Levels:
– $2,640 (Key resistance from recent high)
– $2,600 (Psychological resistance)
🔹 Support Levels:
– $2,440 (Immediate support)
– $2,381 (24-hour low and key demand zone)
– $2,320 (Next major support if the decline continues)
🔻 SETUP FOR SHORT TRADING:
Entry: $2,460 – $2,475
TP1: $2,420
TP2: $2,385
TP3: $2,320
SL: $2,510
📌 Risk Management: Use a maximum of 2-3% of your capital per trade. Adhere to SL and avoid excessive leverage. Be attentive to trend changes.
#MyCOSTrade #TrumpVsMusk #MarketPullback #CircleIPO #Write2Earn
