$ETH /USDT – Breakdown Alert! 🚨 Bears Taking Over!
Price Action Turning Red – More Downside Ahead?
Ethereum just lost key intraday support and is grinding near the day’s low. The structure on the 15M chart is shifting bearish with lower highs and lower lows forming—a classic sign of trend reversal.
Key Levels to Watch:
Resistance: $1,640 / $1,655
Support: $1,620 / $1,606
Short Setup:
• Entry Zone: $1,628 – $1,634
• Target 1: $1,620
• Target 2: $1,606
• Stop Loss: $1,648
Market Insight:
High sell volume, weak bounce attempts, and failed breakout above $1,650 suggest ETH might revisit its lower range soon. Watch for a decisive break below $1,620 to confirm downside continuation.
Pro Tip:
Wait for a weak pullback toward $1,630 with decreasing volume before entering short. Momentum plays best during breakdown volatility.
CTA:
$ETH showing weakness! Gear up for short trades and ride the dip before the next bounce attempt!
#WCTonBinance #BitcoinWithTariffs #BinanceAlphaAlert #SaylorBTCPurchase #BTCRebound
