$ETH /USDT – BEARISH BREAKDOWN UNDERWAY 🔻🧨
CRITICAL SUPPORT ZONE TESTED ⚠️
SELLERS IN CONTROL AS PRICE DROPS 🚨
$ETH is trading at $2,687.83 (-4.61%), after rejecting from the $2,831 high. The downtrend intensifies as ETH nears its 24h low of $2,680, threatening a breakdown below key support.
🔍 Key Levels:
🔻 Resistance: $2,720 – $2,765
🛡️ Support: $2,680 – $2,650
📉 Trade Setup – SHORT ENTRY:
🔹 Entry: $2,695 – $2,685
🎯 Targets:
— TP1: $2,650
— TP2: $2,600
— TP3: $2,540
⛔ Stop Loss: $2,745
📊 MACD shows bearish crossover, Bollinger Bands widening downward, and EMA resistance pressuring price action—supporting continued downside.
⚠️ Risk Management:
Risk only 1–2% of your portfolio. Maintain discipline with SL & don’t overleverage. Let the trend guide your profit!
