$ETH USDT – BEARS MAINTAIN CONTROL AS PRICE BREAKS BELOW KEY SUPPORT
REJECTION FROM 25 EMA
FRESH LOWS NEAR $2,530 SIGNAL SELL PRESSURE
$ETH USDT continues its downtrend after rejecting the 25 EMA ($2,556) and falling below the 99 EMA ($2,562). The price recently printed a low at $2,529 and is struggling to sustain a bounce. This bearish structure remains intact with lower highs and lower lows on the 15m chart.
Unless bulls reclaim the $2,555–$2,565 resistance zone, the path of least resistance remains down.
Entry (Short): $2,534
Targets: $2,520 / $2,505
Stop Loss: $2,556
Watch for continuation if $ETH fails to reclaim the 7 EMA quickly.