🔥 $ETH
USDT BEARS TAKE CONTROL – WILL ETH BREAK BELOW $2400?
Ethereum ($ETHUSDT) is under heavy selling pressure, currently trading at $2,401, down 4.27% in the last 24h. The price action is forming consecutive lower highs and lower lows on the 15m chart, signalling strong bearish momentum.
🔑 Key Levels:
Resistance: $2,430 – $2,450
Support: $2,393 (24h Low), then $2,380
Current Price: $2,401
📉 Trade Setup (Short):
Entry: $2,405 – $2,400
Take Profit 1: $2,390
Take Profit 2: $2,380
Stop Loss: $2,415
📊 Market Outlook:
ETH remains in a clear downtrend with weak buying reaction near support. If $2,393 breaks decisively, further downside towards $2,380 is highly probable. Short-term sentiment remains bearish unless it reclaims $2,430 with strong volume.
⚠️ Risk Management:
Always risk less than 2% per trade. Maintain disciplined SL execution to avoid unnecessary losses during volatile ETH moves.
💭 Do you see ETH bouncing back this week or is further dump incoming? Drop your views below! 👇
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