$ETH /USDT BEARISH REVERSAL ON LOWER TIMEFRAME — MOMENTUM COOLING DOWN!
Ethereum failed to sustain above the $2,600 resistance zone, with a strong bearish engulfing candle forming on the 30-minute chart. Price has now dropped to $2,530, indicating weakness and a potential revisit of the $2,500 support area.
Trade Setup (Short):
Entry: 2,532
Take Profit (TP): 2,498
Stop Loss (SL): 2,560
Market Outlook:
$ETH is showing early signs of intraday exhaustion after an aggressive upward run. A temporary correction is in play unless bulls reclaim $2,580 with volume. Watch closely for bounce or continuation signals near $2,500.
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