$ETH $ETH / USDT – BEARS TAKE CONTROL AS ETH BREAKS BELOW SUPPORTS ⚠️

Ethereum drops sharply by -8.16%, now trading at $2,539.02 after failing to hold above key levels. A strong rejection from $2,771 and a break below the 7 and 25 MAs signals increasing bearish momentum in the short term.

📉 Technical Overview:

Current Price: $2,539.02

24H High / Low: $2,771.00 – $2,436.98

MA(7): $2,640.61 — broken

MA(25): $2,586.68 — flipped to resistance

MA(99): $2,091.80 — long-term support intact

Volume: 1.33M ETH

📊 Trade Setup (Short-Term Bearish Bias):

• Entry: $2,530 – $2,550

• TP1: $2,440

• TP2: $2,310

• SL: $2,630

If ETH fails to reclaim