#ETHBreaks2k
ETH has faced rejection from key resistance, signaling potential bearish continuation. If price stays below $2,024, further downside is likely!
đ Key Levels to Watch:
â Resistance: $2,024 - $2,050 (Strong supply zone)
â Support: $2,000 - $1,961.29 (Critical breakdown levels)
đ° Short Setup:
đ¸ Entry Zone: $2,014.14 (Rejection confirmation)
đŻ Target 1: $2,000 (Psychological level)
đŻ Target 2: $1,961.29 (Major liquidity zone)
đ Stop Loss: $2,050.75 (Above recent highs)
đ¨ Market Insight:
đ ETH/USDT is struggling to break resistance, maintaining a bearish structure. A weak retest of $2,024 strengthens the short setup.
â ď¸ If price reclaims $2,050.75, the short setup is invalidated!
đ Risk Management Tip: Secure partial profits at $2,000 and trail stop-loss for better risk management.
đ Stay sharp and trade wisely! đĽ
$ETH
