#StopLossStrategies $ETH /USDT BEARS ARE TAKING CONTROL – MASSIVE DROP INCOMING!
Current Price: $1,725.12
Market Sentiment: Bearish
Momentum: Strong downward pressure after rejection from $1,957 with a new 4H low at $1,717.11.
Key Levels:
Resistance: $1,757 • $1,810
Support: $1,717 • $1,705
$ETH
has broken down from consolidation and is testing the key support zone around $1,717. A clean 4H close below this level could trigger a deeper sell-off. Bears are currently in control with rising sell volume.
Trade Setup (SHORT):
Entry: $1,725
Take Profit (TP): $1,705 / $1,680 / $1,640
Stop Loss (SL): $1,765
Risk Management:
Use proper position sizing. Risk only 1-2% of your capital. Wait for confirmation below $1,717 for added safety.
Prepare for the drop – Bears are loading up!