๐ป $ETH /USDT โ Bearish Pressure Mounting Below $2,750!
๐ Short Trade Setup:
๐น Entry Zone: $2,745 โ $2,755 after confirmation
๐ฏ Targets:
โข TP1: $2,720
โข TP2: $2,700
โข TP3: $2,680
๐ Stop Loss: $2,780
๐ฐ Current Price: $2,769.98 (โ1.56%)
๐ Key Levels:
โข Resistance: $2,780 โ $2,800
โข Support: $2,740 โ $2,700
โข Critical Breakdown Zone: $2,743
๐ Market Insight:
ETH is trading in a descending pattern on the 30m chart, losing bullish momentum near the $2,800 resistance. A break below $2,743 signals continuation of the downtrend.
๐ก Pro Tip:
Only enter on confirmation of a close below $2,743. Consider trailing your stop to lock profits if TP1 hits fast.
โ๏ธเฅ Risk: Use proper risk management โ 3xโ5x leverage recommended