⚠️ $ETH /USDT BEARISH BREAKDOWN – PRESSURE BUILDING BELOW $2.5K! 🔻
🔍 Technical Outlook:
$ETH/USDT is showing strong bearish pressure, down -4.16%, trading at $2,485.62. After failing to hold the $2,600+ range and rejecting near the 24h High of $2,640.86, ETH dropped toward the 24h Low of $2,381.49, indicating further downside risk.
📊 Key Levels:
🔼 Resistance: $2,520 – $2,600
🛡️ Support: $2,440 (minor), $2,380 (major)
📍 Current Price: $2,485.62
📉 Short Trade Setup:
Entry: $2,480 – $2,500
Target 1 (TP1): $2,440
Target 2 (TP2): $2,380
Stop Loss (SL): $2,540
⚠️ Risk Management:
Risk only 1-2% of capital per trade. Maintain strict SL discipline and ensure minimum 1:2 risk-reward ratio. Avoid chasing volatility – trade with structure. 📊🛡️
🔻 Market favors bears for now – trade the trend, not your bias! 💼📉
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