$ETH /USDT BEARISH BREAKDOWN AFTER REJECTION FROM $2,700 LEVEL
$ETH /USDT has faced a heavy rejection just below $2,735, triggering a strong bearish candle that broke through the $2,600 support level. The price is now trading around $2,560 after a sharp dump, showing signs of continued downside pressure unless a recovery reclaims the $2,620–$2,650 area soon.
Trade Setup (Short):
Entry: $2,560 – $2,575
Take Profit: $2,510 / $2,460
Stop Loss: $2,610
Market Outlook:
Ethereum is showing a bearish structure on the 1H chart with momentum shifting strongly to the downside. If sellers maintain control below $2,600, further drops are likely in the short term.
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