$ETH /USDT BEARISH BREAKDOWN IN PLAY – FURTHER DROP EXPECTED!
Ethereum ($ETH) has broken a critical support zone around $1770, confirming a strong bearish momentum. Price attempted a small pullback but faced rejection below the broken support, indicating sellers are still dominating. A continuation to the downside is highly probable as bears tighten their grip.
Trade Setup:
Entry: $1754 - $1756
Take Profit (TP): $1725
Stop Loss (SL): $1772
Market Outlook:
Ethereum is showing clear bearish structure with lower highs and lower lows forming. Unless bulls reclaim the broken support quickly, we can expect a steady move towards the next support zone around $1720. Risk management is crucial to handle any potential volatility.
