Based on the provided ETH/USDT chart:

If you're considering a short trade for $ETH /USDT, you might want to enter the trade if the price falls below the support level at $2,517.20.

The first target could be around $2,156.48, with a more extended target near $2,000.00.

It's essential to manage risk by setting a stop loss above the resistance level at $2,723.70. This setup offers potential profit if the price trend reverses downward from the current level.

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