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$ETH /USDT SHORT SETUP ALERT! Bearish Breakdown in Play – Trade Now!
Ethereum is showing serious weakness on the daily chart! ETH/USDT just printed a massive red candle, dropping to $2,013.75 (-2.94% in 24h) after failing to hold higher levels.
Key signals screaming caution:
Price smashed through the middle Bollinger Band and heading toward the lower band.
Strong bearish momentum with candles closing lower consistently.
RSI(14) at 30.05 – deeply oversold but still no reversal sign, momentum favors bears.
Stochastic showing low readings with potential for more downside pressure.
This looks like continuation of the downtrend from recent highs around $3,400+. Support tested near $1,996, but if it cracks, we could see quick moves lower!
My SHORT trade idea right now:
Entry: around current levels ~$2,013 – $2,000
Take Profit: $1,850 (solid next support zone, ~8% gain)
Stop Loss: $2,080 (above recent swing high for protection)
Risk-reward looks attractive for bears in this volatile market! Crypto never sleeps – don't miss the move!
Trade
$ETH /USDT Now on Binance! Follow & turn 🔔 on for more setups ✅ Let's catch these waves together!
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