$ETH$ETH /USDT – BEARISH MOVE AHEAD AS MOMENTUM WEAKENS 🚨📉
📊 CURRENT PRICE: $2,539.04
📉 Trend: Short-term Bearish due to failure to hold above key MAs and fading momentum.
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📌 KEY LEVELS TO WATCH
🛑 Resistance:
$2,585 – 24h High
$2,570 – Minor resistance near MA clusters
$2,546 – Major resistance (MA99)
✅ Support:
$2,522 – First support zone
$2,506 – Critical support level
$2,502 – 24h Low (Break below may trigger strong sell-off)
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💼 TRADE SETUP – SHORT ENTRY 📉
🎯 Entry: $2,538 – current price zone
🎯 Take Profit Targets:
TP1: $2,522
TP2: $2,506
TP3: $2,490 (extension target if momentum builds)
🛑 Stop Loss: $2,558 (Above resistance cluster & invalidation of bearish setup)
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🔐 RISK MANAGEMENT 🧠
✔ Risk only 1–2% of your capital per trade
✔ Use position sizing & trailing SL if trade moves in your favor
✔ Stick to your plan — no overtrading!
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💣 SUMMARY:
Price struggling near MA resistance with bearish signals building. Momentum indicators likely to confirm a downward move. Stay sharp & trade smart! 🧠📊
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