#ETHBreaks2k ETH/USDT â Short Trade Alert! đ»
đ Current Price: $2,014.14
Ethereum is facing rejection at a key resistance level, indicating a potential bearish continuation. If the price remains below $2,024, further downside is likely!
đ Key Levels to Watch:
â Resistance: $2,024 - $2,050 (Strong supply zone)
â Support: $2,000 - $1,961.29 (Critical breakdown levels)
đ° Short Trade Setup:
đž Entry Zone: $2,014.14 (Confirmed rejection)
đŻ Target 1: $2,000 (Psychological level)
đŻ Target 2: $1,961.29 (Major liquidity zone)
đ Stop Loss: $2,050.75 (Above recent highs)
đš Market Insight:
đ ETH/USDT is struggling to break resistance, maintaining a bearish trend. A weak retest of $2,024 strengthens the short setup.
â ïž If the price reclaims $2,050.75, the short setup is invalidated!
đ Risk Management Tip: Secure partial profits at $2,000 and use a trailing stop-loss to manage risk effectively.
đ Trade smart, stay sharp! đ„
