$ETH /USDT BEARISH MOVE IN PLAY 🔻 – WATCH THESE LEVELS CLOSELY!
📉 Current Price: $2,524.87
📊 Trend Bias: Bearish (Short-term pressure building below key MAs)
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🔑 KEY LEVELS TO WATCH:
Immediate Resistance: $2,534 (MA25) 💥
Next Resistance: $2,553 (24h High) 🔺
Support Zone: $2,488 (24h Low) 🛡️
Major Support: $2,470 (psychological level) 🚨
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🔍 TECHNICAL INSIGHTS:
Price is struggling below MA25 ($2,534.61) and MA7 ($2,528.24) – a short-term bearish signal.
Volumes are decreasing, and MACD shows weakening momentum.
Bearish crossover likely if $2,520 fails to hold.
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📉 TRADE SETUP – SHORT POSITION
Entry: $2,524 (on confirmation below MA7)
Stop Loss (SL): $2,538 (above MA25)
Targets (TP):
TP1: $2,500
TP2: $2,488
TP3: $2,470
🛡️ RISK MANAGEMENT TIP:
Risk only 1-2% of your capital per trade. Use a tight SL and trail profits on target hits. ⚖️
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🚨 Stay sharp – bearish sentiment building as ETH trades below key MAs. Patience and discipline win the trade!
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