$ETH /USDT BEARISH PULLBACK – SHORT SETUP ACTIVE 🔻
📉 Current Price: $2,543.77
📊 24h High: $2,635.50
📉 24h Low: $2,527.37
📦 24h Volume (ETH): 496,555.79
💰 24h Volume (USDT): $1.28B
❗️Price Change: -2.16%
🔍 TECHNICAL OVERVIEW
ETH recently rejected from the $2,635–$2,640 resistance zone, creating a lower high structure and signaling bearish momentum. The breakdown below $2,560 and failure to hold $2,550 support increases the likelihood of a deeper retracement.
📉 KEY LEVELS
Immediate Resistance: $2,600 – $2,635
Major Support: $2,520 → If broken, next key support is at $2,440
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🧨 TRADE SETUP – SHORT POSITION
🔹 Entry Zone: $2,545 – $2,560
🎯 Target 1: $2,520
🎯 Target 2: $2,440
🛑 Stop-Loss: $2,600 (just above broken support)
🛡 RISK MANAGEMENT
📌 Never risk more than 2% of your capital on a single trade.
📌 Stick to a minimum 1:2 risk-to-reward ratio.
📌 Monitor macro news (esp. BTC movement) closely for volatility spikes.
⚠️ Conclusion: ETH is currently in a bearish correction phase. If price fails to reclaim $2,560–$2,600 soon, further downside is likely. Stay alert! 📉💣
This is not financial advice. Always do your own research.
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