#MarketPullback
Here’s a rewritten version of your technical article with a professional and concise tone, followed by a generated chart to support the analysis.
$ETH/USDT Bearish Breakdown – Downside Pressure Below $2.5K 🔻
🔍 Technical Overview:
Ethereum is experiencing notable selling pressure, currently down -4.16%, trading at $2,485.62. After failing to sustain momentum above the $2,600 resistance zone, ETH reversed sharply from the 24-hour high of $2,640.86, retracing toward the 24-hour low of $2,381.49. This signals increased bearish sentiment and a high probability of further downside.
📊 Key Technical Levels:
Resistance Zone: $2,520 – $2,600
Support Zones: $2,440 (minor), $2,380 (major)
Current Price: $2,485.62
📉 Short Trade Setup:
Entry Zone: $2,480 – $2,500
Take Profit (TP1): $2,440
Take Profit (TP2): $2,380
Stop Loss (SL): $2,540
This setup offers a favorable risk-to-reward ratio of at least 1:2, making it attractive for tactical short positions.
⚠️ Risk Management Notes:
Limit risk to 1-2% of trading capital per position.
Always honor stop-loss levels to avoid significant drawdowns.
Avoid reactive trading during high volatility – focus on structured setups.
📌 Summary:
The market bias currently favors the bears. ETH's failure at the $2,600 level and consistent lower highs suggest a continuation toward the $2,380 support zone. Until a strong bullish reversal confirms otherwise, trend-following shorts remain in focus.
🔻 "Trade the trend, not your bias."
