$ETH /USD BEARISH BREAKDOWN AS SELL PRESSURE INTENSIFIES BELOW KEY SUPPORT

Ethereum has dropped sharply to $2,419.71, breaking below the critical $2,500 psychological and technical support zone. This decisive -4.07% decline signals increased bearish momentum, with lower highs forming and sellers dominating near-term price action. The inability to reclaim the $2,600 mark and repeated rejections at $2,580 suggest a continuation to the downside. A descending price structure is now evident, pointing toward further weakness unless bulls step in aggressively.

Trade Setup: SHORT Entry

Entry: $2,420

Take Profit (TP): $2,340 / $2,280

Stop Loss (SL): $2,480

Market Outlook:

Ethereum's failure to sustain above support levels and the recent breakdown beneath $2,440 indicate increased bearish pressure. Momentum is likely to favor sellers in the short term, with downside targets aligning with previous demand zones. However, volatility remains elevated, and any reclaim of the $2,500 zone could shift sentiment quickly

#CryptoAnalysis #Ethereum #ETHUSD #BearishTrend #TradingSignals

buy and trade here on $ETH