$ETH USDT – BEARISH BREAKDOWN LOOMS AS MOMENTUM FADES

WEAK REJECTION FROM $3,764

LOSS OF STRUCTURE BELOW $3,700

$ETH is showing clear bearish pressure on the 1H chart after failing to hold above the $3,745–$3,764 resistance zone. The sharp rejection candle followed by consecutive red candles confirms seller strength. Price has now dropped below the $3,700 psychological level, breaking short-term support.

The most recent bounce from $3,655 is weak, with low volume and no bullish follow-through. If ETH loses $3,655 again, the next key support sits around $3,620–$3,600.

Bearish Trade Setup:

Short Entry: $3,685 – $3,695

Targets: $3,655 / $3,620

Stop Loss: $3,715

Outlook: Momentum is clearly favoring bears. Unless ETH reclaims $3,700 with strong volume, further downside is expected.

#ETHUSDT #CryptoTrading #BearishBreakout #BinanceFutures #Ethereum