๐จ $ETH / USDT TECHNICAL ANALYSIS
ETHEREUM TUMBLES BELOW $2,520 ๐ฅ BEARS IN CONTROL
๐ Current Price: $2,505.20
๐ 24h Change: -9.24%
๐บ 24h High: $2,777.21
๐ป 24h Low: $2,436.98
๐ธ Volume: 1.22M ETH | 3.18B USDT
Ethereum has broken key intraday supports with heavy bearish momentum. Lower highs on the 15-minute chart signal continued sell pressure. The next critical level to watch is $2,440.
๐ Trade Setup:
๐ด SHORT below $2,440
๐ฏ Target: $2,350 to $2,300
๐ข LONG only above $2,600
โ Wait for bullish confirmation and strong volume
๐ Market Outlook:
ETH is under strong selling control. Unless bulls reclaim $2,600 with momentum, the downtrend is likely to deepen. Watch for reversal signs near $2,440, but donโt fight the trend without confirmation.