📉 ETH/USDT: Breakdown Alert! 🚨
Ethereum is showing a strong bearish trend on the 1H chart, currently trading at $1,977.99 (-5.18%). The price has failed to hold above the major Moving Averages, signaling more downside potential.
💡 Trading Signal:
Sell/Short: Below $1,985.
Target: $1,955 (Strong Support).
Stop Loss: $2,020.
The momentum is weak, and the volume is favoring the sellers. Trade with caution! 🛡️
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ETH
2,005.06
+1.48%