🚨 $ETH Bearish Breakout Alert! 🚨

On the 15-minute chart, Ethereum just broke below a key trendline support, signaling a potential Short Opportunity! 📉

🔻$ETH Short Trade Setup:

Entry: $2,605

🏴‍☠️Stop-Loss: $2,630

🎯 Take Profit:

Target the lower support zone near $2,585 for a potential 1:2 risk-reward ratio.

🔍 Key Analysis:

Bearish MACD Divergence: Multiple bearish signals on the MACD indicate weakening momentum as ETH hit recent highs. Resistance Rejection: $ETH faced rejection from the upper resistance band, reinforcing the bearish outlook. Trendline Breakdown: A clean break below the trendline adds confirmation to the bearish sentiment. ETH may continue its decline toward the red support band.

Keep your stops tight and manage your risk! 🚀

#CryptoTradingPrediction #EthereumETFApprovalExpectations #ETHUSDT #TechnicalAnalysis #BinanceSquareFamily