$ETH Bearish Momentum Intensifies — Key Levels to Watch
$ETH is showing strong bearish momentum as price breaks below a critical intraday support. Sellers are dominating, and the 1H chart shows a clear sequence of lower highs and lower lows, confirming short-term bearish structure.
Trade Plan:
Entry: $1975 – $2005
Stop Loss: $2055
Take Profits:
TP1: $1920
TP2: $1850
TP3: $1780
Why This Setup Works:
1.Consolidation near $2000 failed to hold
2.Price broke down with strong bearish candles
3.Lower high rejection signals distribution, not accumulation
4.Downside continuation likely while price stays below reclaimed resistance.