$ETH /USDT BEARISH BREAKDOWN SETUP
$ETH /USDT is showing a clear bearish continuation after strong rejection from the upper resistance zone. Price has broken below a key support area and is forming lower highs and lower lows, confirming seller dominance. Increased downside volume and weak pullbacks suggest further decline toward lower demand zones.
Trade Idea: SHORT
Entry Zone: 2,820 – 2,880
Targets:
TP1: 2,720
TP2: 2,690
TP3: 2,650
Stop Loss: 2,970 (above major resistance and structure invalidation)
Market Outlook:
As long as price remains below the broken support-turned-resistance zone, bearish momentum is expected to persist. Any pullback into resistance may offer short-selling opportunities.
Risk Management:
Risk only 1–2% per trade, wait for confirmation near the entry zone, and trail stop loss after TP1 to lock in gains.
#ETHUSDT #TechnicalAnalysis #BearishTrend #SupportResistance #RiskManagement
