$ETH /USDT BEARISH STRUCTURE FORMING ๐
FAILED TO HOLD ABOVE $2,542 RESISTANCE โ
LOWER HIGHS + SIDEWAYS PRESSURE โ ๏ธ
VOLUME DECLINING WITH WEAK BUYBACKS ๐งจ
Ethereum is trading below the $2,542 resistance after a strong rejection from the $2,680 zone. Price is currently ranging near $2,510, struggling to push higher. The formation of lower highs and a lack of bullish volume hint at a potential breakdown.
๐ด SHORT Trade Setup
Entry Zone: $2,510 โ $2,525
Take Profit (TP): $2,470 / $2,440
Stop Loss (SL): $2,555
๐ Market Outlook: If $2,492 support is breached, ETH could slide back toward the $2,440 area. Short-term trend remains bearish until a breakout above $2,555 confirms strength.
