$ETH USDT BEARISH REVERSAL – SELLERS TAKING CONTROL!
#Ethereum ($ETH) has lost its upward momentum after rejection from the resistance zone around $2451.86. Price is now breaking below previous support levels, indicating strong selling pressure that could drive it further down in the coming sessions.
🔑 Key Levels:
Current Price: $2436.68
Resistance: $2451.86
Immediate Support: $2424.63
Major Support / Target Zone: $2412.69
💼 Trade Setup (Short Entry):
Entry Zone: $2436 – $2440 (current breakdown retest)
Targets (TP):
TP1: $2424.63
TP2: $2412.69
Stop Loss (SL): $2451.86 (above resistance zone)
📊 Market Outlook:
Momentum has shifted bearish after failing to hold above the $2450 resistance area. Sellers are likely to push the price towards $2412 in the short term unless bulls reclaim $2451 strongly.
⚠️ Risk Management:
Always use a strict SL and risk only 1-2% of your capital per trade to preserve long-term profitability.
💬 Comment 🔻 if you think ETH will drop below $2410 soon!