📉 $ETH 1D — Key Support Tested, Short Setup Active
Trading Plan (Short Setup): $ETH
Entry Zone: 2,850 – 2,900
Stop-Loss: 3,050
Target 1: 2,800
Target 2: 2,650
Target 3: 2,500
Technical Analysis (Bearish Continuation Setup)
ETH has failed to hold the recent swing highs and is now trading below a critical trendline support. The structure shows lower highs followed by strong bearish candles, indicating sellers are in control. The recent bounce looks weak and corrective, not impulsive.
As long as ETH remains below the 2,900 resistance area, downside pressure is expected to continue. A clean breakdown below the current support zone can accelerate selling toward the lower demand targets.
ETHUSDT
Perp
2,809.07
+0.08%
