$ETH USDT BEARISH SETUP: THE BULLISH MOMENTUM EXHAUSTED ā DOWNSIDE CORRECTION LIKELY! š»
Ethereum has shown signs of exhaustion after a strong rally, failing to push past resistance around the $2,460 level. The price is currently consolidating below the upper supply zone, and a breakdown from this range could trigger a bearish wave. This setup indicates a potential short opportunity as bulls struggle to maintain higher ground.
TRADE SETUP: SHORT POSITION š“
Entry Zone: $2,405 ā $2,413
Take Profits:
⤠TP1: $2,330
⤠TP2: $2,288
⤠TP3: $2,223
Stop Loss: $2,462
Risk Management: Use 2ā3% of capital, 10x leverage
MARKET OUTLOOK:
Trend shows signs of reversal with a rising-wedge breakdown. If the $2,405 level breaks cleanly, momentum could shift sharply to the downside. Support lies near $2,330, with room to drop further.
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buy and trade here on $ETH