$ETH /USDT BEARISH BREAKDOWN UNDER KEY RESISTANCE ⚠️📉
🔍 Current Price: $3,493.85
📊 24h Range: $3,431.75 - $3,724.02
📌 KEY LEVELS:
🔺 Resistance:
$3,720 – Recent rejection zone
$3,840 – Major supply area
🔻 Support:
$3,430 – Immediate support
$3,350 – Breakdown confirmation level
🔻 TRADE SETUP – SHORT ENTRY IDEA:
📥 Entry: $3,500 – $3,520 (on minor retest)
🎯 Targets (TP):
TP1: $3,430
TP2: $3,350
TP3: $3,250 (extension target)
🛡️ Stop Loss (SL): $3,625 (above resistance wick)
📉 MARKET STRUCTURE:
ETH has broken below the rising trendline support with strong bearish candles forming at resistance. Lower highs indicate sellers in control.
⚠️ RISK MANAGEMENT:
Risk 1-2% of your capital only. Use proper position sizing and always stick to your stop loss. Don’t chase entries!
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