$ETH BEARISH ANALYSIS – SELL THE RALLY SETUP IN PLAY 🔻⚠️
Ethereum is currently trading at $2,265.41 (-7.03%), facing strong rejection from the $2,448 high. The sharp drop signals bearish momentum, as bulls lose grip near key resistance levels.
📉 Key Levels:
Resistance: $2,350 ➤ $2,400 ➤ $2,448 (heavy supply zone 🧱)
Support: $2,216 ➤ $2,150 ➤ $2,100 (next demand levels to watch 🔍)
📊 Current Price: $2,265.41
ETH is struggling to hold above $2,300, hinting at further downside unless bulls reclaim higher ground 🚨
🛠️ Short Trade Setup:
Entry: $2,265 – $2,280
Targets:
➤ TP1: $2,216
➤ TP2: $2,150
➤ TP3: $2,100
Stop Loss (SL): $2,380 (above resistance zone)
🔒 Risk Management:
Use 1.5–2% risk per trade. Set stop-loss and avoid overleveraging – protect your capital like a pro! 🛡️📉
💥 Bear pressure is strong — ride the trend, not the hope! 🚫📊
#ScalpingStrategy #USNationalDebt #MarketPullback #XSuperApp #GENIUSActPass