Coin: $ETH | Trade Type: SHORT (Spot)
đ Chart Analysis
Ethereum has just triggered a classic bearish divergence and itâs not looking good.
Price Action: Higher highs inside an upward channel đ.
RSI: Lower highs đ, signaling weakening momentum.
This disconnect is a warning sign đ© â buying pressure is fading even while the price climbs.
đ„ Confirmation
The price has broken below the lower trendline of the rising channel đš â suggesting the uptrend may be over.
Next support zone: $3,500â$3,600 âŹïž.
đ Total Market View (TOTAL2)
The Total Altcoin Market Cap is showing the same bearish divergence đ.
Rising channel broken.
Target: ~$1.2T đŠ major support level.
This could mark the start of a broader altcoin correction đ±.
đ° Trade Setup (Spot Only)
Entry: 4413.82
TP1: 4351.58
TP2: 4211.02
Stop Loss: Adjust based on risk tolerance â ïž
â ïž Why It Matters
This isnât just about ETH if the TOTAL2 chart plays out, the entire altcoin market could see a pullback.
Patience and discipline will help protect your capital đĄïž.
đą Action Steps
Watch the $3,500 $3,600 zone closely.
Stay updated for more live setups and market signals. đ