📉 ETH/USD Technical Setup: Bearish Momentum Building? [Short Opportunity
We are tracking a potential breakdown on Ethereum ($ETH). Following a period of consolidation, the price action is showing signs of exhaustion near key resistance levels. If the current bearish pressure holds, we could see a swift correction toward lower support zones.
Here is a structured trade setup based on current technical analysis:
➡️ Direction: SELL (Short)
➡️ Entry Zone: Around $2,322
🎯 Take Profit Targets:
1️⃣ T1: $2,300 (Psychological Support/Scalp Target)
2️⃣ T2: $2,265 (Key Structural Support)
3️⃣ T3: $2,217 (Major Liquidity Zone)
🛡️ Stop Loss: $2,361
(Invalidation point if buyers regain control above the immediate resistance.)
Risk Warning: Crypto markets are highly volatile. This is my personal technical analysis and not financial advice. Always manage your risk, use appropriate leverage, and DYOR (Do Your Own Research) before entering any trade.
Are you bullish or bearish on $ETH right now? Are you taking this short setup or waiting for a bounce? Let me know your thoughts in the comments! 👇
#ETH #Ethereum #cryptotrading #BinanceSquare $ETH #Write2Earn 
