⚠️🔻 $ETH /USDT – BEARISH BREAKDOWN: Support Weakening as Sell-Off Extends
$ETH is trading at $2,514.64 (-2.81%), under strong bearish pressure after breaking below the $2,550 zone, now hovering just above critical support at $2,475.
📊 Market Overview 🔹 Current Price: $2,514.64
🔹 24H High: $2,603.17
🔹 24H Low: $2,474.24
🔹 24H Volume: 451,478 ETH ($1.14B USDT)
🔍 Technical Snapshot ✅ 4H structure: Lower highs & lower lows – short-term downtrend continuation
✅ Bears dominating below $2,550–$2,600 resistance zone
⚠️ If bulls fail to reclaim $2,550–$2,600, ETH could extend down to $2,400 – $2,300.
🔑 Key Levels 🔼 Resistance:
• R1: $2,550 (former support)
• R2: $2,600 (recent high)
🔽 Support:
• S1: $2,475 (immediate defense)
• S2: $2,400 (next demand)
• S3: $2,300 (major structure zone)
🧭 Trade Setups
🔴 SHORT IDEA (Confirmed Breakdown):
• Entry: $2,515 – $2,530 (on failed bounce)
🎯 Targets:
TP1: $2,475
TP2: $2,400
TP3: $2,300
🛑 Stop Loss: $2,610
🟢 ALTERNATE LONG IDEA (Reversal Setup):
• Entry: $2,475 – $2,490 (if bullish reversal signal appears)
🎯 Targets:
TP1: $2,550
TP2: $2,600
🛑 Stop Loss: $2,445
💡 Risk Management Strategy ✅ Use 2–3% capital per trade
✅ Confirm with volume + candle structure before entry
✅ Trail SL to breakeven after TP1
✅ Avoid FOMO – trade level to level
📉 Summary: ETH is approaching a high-risk zone. A break below $2,475 fuels further downside, while reclaiming $2,600 flips bias back to bullish.
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