$ETH

/USDT BEARISH SETUP: REJECTION FROM SUPPLY ZONE MAY TRIGGER A STRONG DUMP!

Ethereum is showing weakness after multiple rejections from the $1,850 resistance zone. Price is forming lower highs and is now breaking below the $1,838 support, indicating bearish pressure building up in this range.

Trade Setup:

Short Entry: $1,838 - $1,840

Take Profit: $1,816

Stop Loss: $1,850

Market Outlook:

As ETH struggles to reclaim the supply zone, sellers are gaining control. A breakdown below $1,837 could accelerate momentum towards the $1,816 support. Caution is advised for long positions until a bullish reversal structure appears.

Command: Watch for confirmation before entering and manage risk wisely!

#Ethereum #ETHUSDT #CryptoAnalysis #BearishSetup #TradingView