$ETH /USDT BEARISH PULLBACK — WATCH 1,961 SUPPORT ⚠️
$ETH is showing short-term weakness, down -1.13% in the last 24h. Price is trading below MA(99) at 1,977, holding near MA(25) and MA(7), indicating a minor corrective phase. MACD momentum is slowing, suggesting a potential retracement toward the 1,961–1,923 support zone before any continuation.
📊 Trade Setup (Pullback Bias)
🔹 Entry Zone: 1,961 – 1,971 (support near MA(25)/MA(7))
🎯 Take Profits:
• TP1: 1,974
• TP2: 1,979
• TP3: 1,989 (MA(99) resistance)
🛑 Stop Loss: 1,923 (below recent swing low & key support)
📈 Short Market Outlook
• Price below MA(99) = short-term bearish caution
• MACD slowing = minor pullback likely
• 1,961–1,971 = critical intraday support
• 1,974–1,989 = target resistance zone
Expect short-term correction before bulls attempt to regain control.
