$ETH USDT short tread signal 🛑 🚦
BEARISH BREAKDOWN – REJECTION CONFIRMS SELL PRESSURE
Ethereum has decisively rejected the upper boundary of its descending channel near $2,420, indicating strong continuation of bearish momentum. Sellers are aggressively defending this zone, suggesting a further slide towards lower support levels.
🔻 TRADE SETUP (SHORT):
Entry Zone: $2,408 – $2,412
Take Profit 1: $2,385
Take Profit 2: $2,360
Stop Loss: $2,424
📉 SHORT MARKET OUTLOOK:
ETH remains in a clear downtrend with lower highs and lower lows within the channel. As long as price holds below the $2,420 resistance, bearish pressure will likely dominate, targeting the recent lows near $2,360.
⚠️ RISK MANAGEMENT:
Never risk more than 1-2% per trade. Wait for candle confirmation below the entry zone before execution.
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💥 Don’t let this vertical breakdown leave you behind – smart shorts here can lead to powerful exits!
buy and trade here on $ETH