🚨 WEEKLY BREAKDOWN: Ethereum ($ETH) FLASHING BEARISH 🚨

$ETH hovering near ~$1,915 — but zoom out and the weekly tells a darker story.

📉 Technical Snapshot (HTF):

• EMA(7) < EMA(25) < EMA(99) → Full bearish alignment

• RSI(6) ~15.8 → Deeply oversold, no confirmed bullish divergence

• Clear lower-high structure on weekly

• Major $2,700–$2,800 support zone lost — no meaningful reclaim

• Expansion in selling volume during breakdown

➡️ Higher timeframe trend? Still bearish.

🎯 Short Setup (Educational Play)

🔻 Entry on Bounce: $2,000 – $2,150

🔻 Stop Loss: Above $2,350 (weekly EMA25 reclaim)

🔻 Targets:

• TP1 → $1,750

• TP2 → $1,500

• TP3 → $1,200 (major historical demand)

🧠 Bearish Thesis:

• Weekly market structure breakdown confirmed

• EMAs stacked bearishly on HTF

• Volume confirms distribution

• Broader sentiment remains risk-off

⚠️ RSI is deeply oversold — expect relief rallies.

The edge? Short the bounce, not the breakdown

$ETH broke structure.

Trend is your friend.

Patience pays.

#ETH #Crypto #Trading #Short