Ethereum Weakens – Key Support in Focus
Ethereum (ETH/USDT) has slipped to $3,671, losing nearly 1% today. After failing to sustain above $3,740, ETH has entered a steady downtrend with lower highs and is now approaching a crucial support zone. A break below $3,660 could trigger a swift drop toward $3,620 or even lower. Bulls must defend this level to prevent deeper losses.
Trade Setup (SHORT):
Entry: $3,675 – $3,685
Stop Loss: $3,710
Target 1: $3,640
Target 2: $3,620
Target 3: $3,580
Watch for a candle close below $3,660 for confirmation.
#ETHUSDT #Ethereum #CryptoAnalysis #AltcoinWatch #BinanceTrading
$ETH
Ethereum (ETH/USDT) has slipped to $3,671, losing nearly 1% today. After failing to sustain above $3,740, ETH has entered a steady downtrend with lower highs and is now approaching a crucial support zone. A break below $3,660 could trigger a swift drop toward $3,620 or even lower. Bulls must defend this level to prevent deeper losses.
Trade Setup (SHORT):
Entry: $3,675 – $3,685
Stop Loss: $3,710
Target 1: $3,640
Target 2: $3,620
Target 3: $3,580
Watch for a candle close below $3,660 for confirmation.
#ETHUSDT #Ethereum #CryptoAnalysis #AltcoinWatch #BinanceTrading
$ETH
