$ETHUSDT BEARISH FADE AFTER FAILED BREAKOUT — SELLERS BACK IN CONTROL
The recent vertical surge on $ETHUSDT was sharply rejected near $2520, triggering a fast sell-off and confirming a bull trap. The current price action shows weakening momentum with lower highs forming, signaling short-term downside continuation toward key support.
🔻 Trade Setup — Short Position
Entry Zone: $2,430 – $2,445
Take Profit 1: $2,400
Take Profit 2: $2,375
Stop Loss: $2,460
📉 Market Outlook:
Momentum is clearly shifting to the downside after the bulls failed to hold the breakout level. With a lower high printed and bearish engulfing on the 1H chart, ETH is likely to test support levels near $2,400 and below. Sellers dominate with 79% on the order book — caution for late buyers.
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buy and trade here on $ETH