first stop 1.896, a fib retracement and second stop 1998. this week of eth is going to be bullish. regards

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📊 Short-Term Analysis for $ETH /USDT🔥

📉 Why a Short Trade?

1️⃣ Key Resistance at $1,844 - $1,854 🚧
🔹 ETH is facing strong rejection near $1,854, signaling potential downside.
🔹 If price stays below $1,844, expect further selling pressure toward $1,828 - $1,820.

2️⃣ Lower Highs Formation 📉
🔹 ETH is forming lower highs, indicating bearish momentum.
🔹 A break below $1,828 could trigger a stronger downside move toward $1,820 - $1,810.

3️⃣ Decreasing Volume, Bears in Control 📊
🔹 24H Volume: 846.89M USDT – Sellers increasing.
🔹 If ETH fails to reclaim $1,854, expect further downside toward $1,820 - $1,810.

4️⃣ Key Support at $1,828 - $1,820 🛑
🔹 A breakdown below $1,828 will confirm further downside toward $1,810 - $1,800.
🔹 Watch for a strong bearish candle with volume for confirmation.

📊 Short-Term Trade Setup (15m - 1h - 4h) 📊

🔹 Short Entry: $1,838 - $1,844 (On pullbacks)
🎯 Targets: $1,828, $1,820, and $1,810
🛑 Stop Loss: $1,854 (Above resistance)

🔸 Breakdown Confirmation:
✅ If $1,828 breaks, expect a move toward $1,810 - $1,800.
✅ If ETH reclaims $1,854, consider exiting shorts.

⚠️ Risk Management:
🔸 Keep SL tight above $1,854 to minimize risk.
🔸 Watch volume & price action for bearish continuation confirmation.

📉 Overall Bias: Bearish (As long as $1,844 holds as resistance)

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{spot}(ETHUSDT)