$ETH /USDT TECHNICAL ANALYSIS – BEARISH STRUCTURE

$ETH/USDT is showing short-term weakness after failing to sustain above the recent resistance zone. Price action reflects rejection from higher levels, with lower highs forming on intraday timeframes. Moving averages are flattening and starting to slope downward, while volatility bands are tightening, often signaling a continuation move to the downside.

Selling pressure remains active near resistance, and buyers are defending lower support zones without strong momentum. Unless a clear breakout occurs with volume confirmation, the market bias remains bearish in the near term.

Short Entry: Near the resistance rejection zone

Targets (TP): 2,960 | 2,940 | 2,915

Stop Loss (SL): Above the recent swing high

A bullish reversal will only be considered if price reclaims and holds above resistance with strong volume and structure shift.

Risk Management: Risk only 1–2% of total capital per trade, always use a predefined stop loss, avoid over-leverage, and wait for confirmation before entering positions.

#ETHUSDT $ETH

ETH
ETHUSDT
3,006.29
+0.77%