$ETH /USDT — BEARISH BREAK BELOW CONSOLIDATION SUPPORT

Ethereum has broken down from its tight consolidation range, signaling increased selling pressure in the short term. Price failed to hold the key mid-range support zone and sellers have taken control, with further downside likely if momentum sustains. Any bounce back towards the broken support may face strong resistance from trapped longs.

Trade Setup (Short):

Entry: 4,560 – 4,565

Take Profit 1: 4,540

Take Profit 2: 4,520

Take Profit 3: 4,500

Stop Loss: 4,660

Market Outlook:

Short-term trend has shifted bearish on the 15M chart as sellers broke through the consolidation base. If selling volume increases, price may extend lower towards the next demand zone around 4,500. Upside recovery remains limited unless ETH reclaims 4,630 with strong momentum.

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