Bearish Pressure Building! Caution on ETH Longs ⚠️

#ETHUSDT : Breakdown Risk to $2450! Strategic Short Opportunity"

- Price Action: ETH at $2497.96 (+0.73%), trading BELOW key MA(7)=2507.32 & MA(25)=2520.87 → Resistance overhead.

- Momentum:

- STOCHRSI (17.94) < MA (22.64) → Oversold but weak.

- RSI(6)=36.25 (bearish bias).

- MACD=-8.81 (DIF < DEA) → Strong bearish momentum.

- Volume: OBV=-2.36M (massive distribution/selling).

- Order Book: 55.5% bids vs. 44.5% asks → Trapped buyers near $2497.

- Macro Trend: -2.78% (30D), -32.02% (180D) → Bearish dominance.

Trade Strategy:

✅ Entry:

- Aggressive Short: $2495-2500 (current zone).

- ldeal Short: $2510 (retest of MA(7) resistance).

🎯 Take Profit:

- TP1: $2480 (immediate support)

- TP2: $2450 (next liquidity zone)

❌ Stop Loss: $2525 (above 24h high and MA cluster).

#ETH #Bearish #Crypto #Trading

Sell rallies targeting $2450. Exit if MACD flips green or price reclaims MA(7).