$ETH is in a clear downtrend — price sitting under all the moving averages after that big red drop.
Every bounce is getting sold and the candles are losing strength. Sellers are in control.
I’m looking for a short here around current levels.
Entry: $2,550 - $2,540
SL: 2,570
TP1. 2,520$
TP2. 2,480$
TP3. 2,450$