$ETH /USDT BEARISH PRESSURE INTENSIFIES – DIPS LIKELY TOWARD KEY SUPPORT ⚠️
$ETH is showing weakness after failing to hold above MA(99) at 2,040. Price is now below MA(7) and MA(25), while MACD indicates negative momentum (DIF below DEA). Sellers are testing control, and a move toward 2,008–1,975 support zones is probable if momentum persists.
📉 Trade Setup
Entry Zone (Short Bias):
2,025 – 2,030
Take Profits:
TP1: 2,008 (minor support)
TP2: 1,975 (24h Low retest)
TP3: 1,950 (next structural support)
Stop Loss:
2,050 (above MA99 & recent swing high)
🔎 Short Market Outlook
Momentum is bearish on lower timeframes with lower highs forming. Volume shows moderate selling pressure. Key levels to monitor: 2,008 and 1,975. Failure to hold these could accelerate downside toward 1,950–1,930. Reclaiming 2,040–2,050 would invalidate the bearish bias and favor upside continuation.
Trend: Bearish
Bias: Sell rallies / Short breakdown
Key Levels: 2,008 & 1,975 support
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