$ETH – Sellers Taking Control After Breakdown

$ETH is trading around $2,650.46, down -2.03% in 24H. The 1H chart shows a clear bearish shift after rejection from the $2,720 area. Price broke below the $2,690–$2,670 support zone and is now testing the $2,635 area.

The structure remains bearish while price stays below $2,690. A weak bounce into resistance could provide another short continuation setup.

Trade Setup

Entry: $2,650 – $2,665

Target 1: $2,635
Target 2: $2,615
Target 3: $2,585

Lose: $2,695

Current Price: $2,650.46
24H High: $2,724.12
24H Low: $2,635.69
24H Change: -2.03%
24H Volume: $530.70M USDT

Structure: Bearish, with lower highs, strong selling candles and a breakdown below short-term support.

Confirmation: If $2,635 breaks with strong selling volume, downside continuation can accelerate toward the next support zones. A reclaim above $2,695 would weaken the short setup.

$ETH
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