🔴 $ETH USDT – Bearish Breakdown, Sellers in Control
$ETH has printed a strong rejection from the $2,700–$2,800 supply zone followed by heavy downside momentum. Price lost multiple supports and is now trading below $2,400, confirming a short-term bearish structure (lower highs + lower lows).
High volume selling + failure to reclaim $2,450 suggests continuation toward $2,300 and lower.
EMA resistance + breakdown structure → favors short positions on pullbacks.
📉 Trade Setup (Short)
Entry Range: $2,380 – $2,420 (pullback/supply retest)
Targets:
🎯 Target 1: $2,300
🎯 Target 2: $2,250
🎯 Target 3: $2,150
Stop Loss (SL): $2,480
🔑 Key Levels
Resistance: $2,420 / $2,465 / $2,540
Support: $2,300 / $2,250 / $2,150
Major supply: $2,700+
📊 Short Outlook
Momentum remains bearish unless ETH reclaims $2,480–$2,500.
Bounces likely to be sold. Expect continuation toward $2,200 zone if $2,300 breaks cleanly.