šØ ETH DUMP ALERT ā BEARS ARE WAKING UP! š»š
Coin: $ETH | Type: SHORT (Spot)
š What Iām Seeing on the Chart:
Ethereum just flashed a textbook bearish divergence ā and itās not looking pretty š¬.
Price has been grinding higher š, forming higher highs inside an upward channel.
But the RSI (momentum indicator) is telling a different story ā itās making lower highs š.
This mismatch is a big red flag š© that buying pressure is fading even as the price climbs.
š„ Confirmation Just Dropped:
The price has broken below the channelās lower trendline šØ ā a strong sign that the uptrend could be done. My eyes are now on the $3,500ā$3,600 zone ā¬ļø as the next potential target.
š TOTAL2 Chart is Saying the Same Thing!
Total Altcoin Market Cap also showing bearish divergence š.
Rising channel broken ā target around $1.2T š¦ where major support sits.
This could mean a broader altcoin correction phase is kicking in! š±
š° Trade Setup (Spot Only):
Entry: 4413.82
TP1: 4351.58
TP2: 4211.02
SL: Manage according to your risk ā ļø
ā ļø Why This Matters:
This isnāt just an ETH thing ā if TOTAL2 is right, the whole alt market could be in for a pullback. Patience & discipline will save your bags! š”ļø
š¢ Your Move:
ā”ļø If you trade spot, watch these levels closely.
ā”ļø For future signals & live setups, hit my profile and check my BIO. š