🔍 ETH/USDT – Major Breakdown Confirmed!
Ethereum faced a sharp rejection after a clear SHORT signal was triggered at the top, backed by a significant Sell Volume: 2010.60 ETH 🧨
🔥 Key Observations:
Price was ranging below resistance (Red Line) for a while, indicating indecision.
Once the breakdown happened, ETH dropped aggressively — forming a clean lower low structure.
Current price is attempting a minor recovery, but the lower high + weak momentum shows bears are still in control.
Strong support sits near $1,412 (Green Line) — if that breaks, we could see deeper dips.
🧠 What to watch:
If price fails to reclaim $1,600–$1,620, another leg down could follow.
For bulls to regain control, ETH must flip the red resistance level into support.
📉 Trend: Bearish
🎯 Sentiment: Cautious – Wait for confirmation before jumping in.
💬 How are you trading this move? Holding, shorting, or waiting it out?