$ETH USDT BEARISH BREAKDOWN – SELLERS CONTROLLING THE MOVE 🔻
$ETH Ethereum is currently trading at $2532.64, showing rejection from the $2590 resistance zone. The recent lower highs and strong bearish candles indicate sellers are dominating, hinting at further downside momentum.
Key Levels:
Resistance: $2590
Support: $2512 (24h low), further at $2480 if breakdown continues
🔻 Trade Setup (Short):
Entry: $2535 – $2545
Targets:
TP1: $2512
TP2: $2480
Stop Loss: $2570
Market Outlook:
Momentum is bearish with consecutive lower highs, indicating weakness. If the price breaks below $2512 support decisively, expect accelerated selling towards $2480.
⚠️ Risk Management:
Trade with 2-3% risk per position, wait for candle confirmation below entry zone, and avoid over-leveraging in volatile sessions.
💭 Comment 🔻 if you see ETH heading to these targets.