$ETH /USDT BEARISH BREAKDOWN IN PLAY — WATCH FOR FURTHER SELL PRESSURE!
Current Price: $2,485.91
The chart shows a consistent downtrend after rejection from $2,738, forming lower highs and lower lows. Price is struggling below the $2,536 resistance, with immediate support now at $2,446. Momentum is weak, suggesting continuation to the downside if support breaks.
Key Levels:
Resistance: $2,536 & $2,609
Support: $2,446 & $2,390
Trade Setup (Short):
Entry: $2,485 - $2,495
Take Profit: $2,446 / $2,390
Stop Loss: $2,536
Risk Management:
Use 3-5% capital per trade. Adjust position size to maintain healthy risk-reward. Trail your SL if price breaks below $2,446 for added safety.
This trend is not your friend — unless you ride it right!
Ride smart, exit sharper!
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