#ETHBreaks2k ETH/USDT – Short Trade Alert! 🔻
📉 Current Price: $2,014.14
Ethereum is facing rejection at a key resistance level, indicating a potential bearish continuation. If the price remains below $2,024, further downside is likely!
📊 Key Levels to Watch:
✅ Resistance: $2,024 - $2,050 (Strong supply zone)
✅ Support: $2,000 - $1,961.29 (Critical breakdown levels)
💰 Short Trade Setup:
🔸 Entry Zone: $2,014.14 (Confirmed rejection)
🎯 Target 1: $2,000 (Psychological level)
🎯 Target 2: $1,961.29 (Major liquidity zone)
🛑 Stop Loss: $2,050.75 (Above recent highs)
🚨 Market Insight:
📉 ETH/USDT is struggling to break resistance, maintaining a bearish trend. A weak retest of $2,024 strengthens the short setup.
⚠️ If the price reclaims $2,050.75, the short setup is invalidated!
📌 Risk Management Tip: Secure partial profits at $2,000 and use a trailing stop-loss to manage risk effectively.
🚀 Trade smart, stay sharp! 🔥