$ETH /USDT Downward Collapse – Momentum Shift in Favor of Sellers

It has officially dropped below several key support areas. After failing to maintain the consolidation area between $2,617 and $2,569, ETH sharply declined through $2,451 and $2,313, and is now trading around $2,188.44. This confirms a bearish market structure with lower highs and lower lows.

🔻 Short Trade Setup

• Entry Area: $2,185 – $2,190

• Take Profit 1: $2,070

• Take Profit 2: $1,990

• Take Profit 3: $1,910

• Take Profit 4: $1,850

• Take Profit 5: $1,765

• Stop Loss: $2,315

🧠 Outlook: As long as ETH remains below resistance at $2,313, bearish pressure is likely to dominate. Traders should monitor volume spikes during breakdowns to confirm continuation. Risk management is essential due to potential volatility.

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