$ETH /USDT – BEARISH MOMENTUM TAKES CONTROL! ⚠️📉
Ethereum has sharply dropped over 5% in the last 24 hours, breaking down key support levels and signaling a strong bearish shift in sentiment. Sellers are clearly dominating the scene now.
📊 Current Price: $2,402.26
🔍 Key Levels:
Resistance Zones:
🔴 $2,510 – $2,560 (Previous support, now resistance)
🔴 $2,460 (Immediate resistance)
Support Zones:
🟢 $2,367 (Daily low & near-term support)
🟢 $2,300 (Strong psychological and historical demand)
💥 TRADE SETUP: SHORT ENTRY
📉 Entry: $2,420 – $2,460
🎯 Target 1 (TP1): $2,367
🎯 Target 2 (TP2): $2,300
🛑 Stop Loss (SL): $2,510
📌 Risk Management Tips:
✔️ Limit risk to 1–2% of your capital per trade
✔️ Use SL strictly – don’t widen it on losses
✔️ Take partial profits at TP1 to secure gains
🚨 Summary: ETH has lost critical support and is now in a clear downtrend. A relief bounce may occur, but unless $2,510 is reclaimed, bears remain in control. Watch for a move toward $2,300. 📉
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