$ETH

USDT BEARISH REVERSAL EXPECTED AS UPTREND FADES

Ethereum is currently trading at $2563.49, showing rejection from the $2600 resistance zone with multiple bearish candles forming after an earlier strong bullish push.

🔑 Key Levels:

Resistance: $2600 (strong rejection zone)

Support: $2512 (24h low and next possible target)

Current Price: $2563.49

📊 Trade Setup:

Entry: Short below $2560 confirmation

Targets (TP):

TP1: $2545

TP2: $2525

TP3: $2512

Stop Loss: $2585

📈 Market Outlook: ETH showed good momentum towards $2600 but failed to sustain above it, forming a bearish pattern with lower highs indicating potential short-term downside continuation towards the support at $2512 unless a reversal candle appears soon.

⚠️ Risk Management:

Risk only 1-2% per trade

Wait for clear breakdown confirmation before entering

💡 Don’t trade on emotions; let confirmations guide your entries for consistent profitability.

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