$ETHBTC: Weak Structure Breakdown — Bearish Move Incoming 📉🔥
Current analysis for ETH/BTC indicates a weak market structure. Price action shows rejection from resistance levels, coupled with the formation of lower highs.
This pattern suggests a diminishing bullish strength in the market. Sellers appear to be gaining control, pointing towards a potential continuation move to test lower support levels.
**Trade Setup: Short**
Entry zone: 0.0528 – 0.0535
TP1: 0.0518
TP2: 0.0508
TP3: 0.0495
SL: 0.0545
Consider this setup for ETH/BTC. Stay vigilant and manage your risk accordingly. 👇