$ETH /USDT – BEARS CIRCLING AS ETH HOVERS ON THIN ICE 🧊⚠️
ETH is clinging to life at $2,525.99 (-0.37%), skating along EMA(7) support with heavy resistance pressing down. The chart screams bearish bias — and one slip could trigger a sharp drop.
Key Zones to Watch:
Resistance Wall: $2,528 (EMA 7), $2,553 (24h high) – stacked sell pressure
Support Zone: $2,488 (24h low) – breakdown here exposes $2,414 next
Trend Structure: ETH is pinned below EMA(7/25/99) = full bearish alignment. No buyers in sight — only passive bleeding.
Trade Setup:
Breakdown Short: Enter below $2,490
Stop: $2,530
Target: $2,415
Bounce Fade: Short rejections near $2,550
Stop: $2,570
Target: $2,490
Bull Trap Long: Only valid above $2,580
Stop: $2,540
Target: $2,630
Volume Watch: $757M – enough to move, but no signs of whale defense. Liquidity could get thin fast.
⚠️ ETH/BTC weakening = bad news for altcoins. If ETH dumps, the rest follows hard.
📉 Pro Tip: When ETH loses trend, altcoin traders need life vests. Stay sharp!