$ETH (~$1,921) 📉 Signal: STRUCTURAL BREAK
Trend: Breakdown. ETH has officially lost the psychological $2,000 support level and is printing lower lows. It is underperforming BTC significantly.$D
Trade: SHORT on bounce to $1,950 - $1,980.
Strategy: The loss of $2k turns previous major support into heavy resistance. Expect trapped longs to sell at breakeven, pushing price lower.$ENSO
Targets:
$1,850
$1,720 (Capitulation Wick)
Stop Loss: $2,050
Invalidation: A reclaim of $2,100 with volume.
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