$ETH /USDT Quick Alert â Short Trade In Play!
#Ethereum is showing renewed weakness after failing to hold above the $1,550 level. Price has now dipped to $1,511, confirming a bearish setup on the hourly chart.
Key Breakdown:
Recent High: $1,639
Breakdown Zone: Below $1,520
Active Short Trade Triggered
Final Bearish Target: $1,485
Outlook:
As long as ETH trades below the $1,525â$1,530 range, sellers are in control. A clean breakdown of $1,500 could open the door for a swift drop to our target zone at $1,485.
Caution: Watch for volatility near support. Lower highs continue to favor short setups unless bulls reclaim momentum.
Buy and Trade here on the $ETH