$ETH /USDT TECHNICAL ANALYSIS
ETHEREUM TUMBLES BELOW $2,520
HEAVY SELLING AS SUPPORT ZONES BREAK DOWN
$ETH /USDT is trading at $2,505.20, posting a sharp -9.24% drop in the last 24 hours. After a recent high of $2,777.21, Ethereum has seen strong bearish pressure, breaking below multiple intraday support levels. The 15-minute chart reflects consistent lower highs with increased sell volume, and the 24h low of $2,436.98 is now in focus.
Trade Setup:
🔴 SHORT if price breaks below $2,440, targeting $2,350–$2,300 zone.
🟢 LONG only above $2,600 with bullish confirmation and volume support.
Market Outlook:
With USDT volume at $3.18B and ETH volume over 1.22M, the current downtrend appears strong. Unless a reversal candle forms above $2,600, Ethereum may continue sliding toward deeper support.