🚨 $ETH USD BEARISH PATTERN ALERT – FALLING EDGE COULD TRIGGER STRONG DOWNSIDE MOVE ⚠️
Ethereum is forming a bearish continuation pennant after its recent rally, indicating potential for a sharp drop if the lower trendline breaks convincingly.
🔑 Key Levels
Current Price: $2,574
Immediate Support: $2,555 – EMA cluster zone
Major Support: $2,500 – $2,450
Resistance: $2,580 – $2,600
📉 Technical Outlook
The RSI is declining and nearing oversold territory, showing weakening bullish momentum. If ETH breaks below the pennant support near $2,555, expect swift moves towards $2,500 and $2,450 as sellers gain control. Further breakdown could target sub-$2,400 levels in coming sessions.
⚠️ Risk Management
Never enter trades without stop-loss. Monitor breakout confirmations and manage position sizing strictly to avoid overexposure in volatile swings.
💬 Comment “⚠️” if you’re prepared for this ETH move. Follow for real-time trade alerts.
#ETH #Ethereum #CryptoSignals #BearishBreakdown #TechnicalAnalysis