$ETH TRADE SIGNAL – Ethereum /USDT
Price is sitting around $2,303, showing short-term weakness after rejection near $2,460. Structure is slightly bearish on the daily timeframe, with price struggling below the EMA(7) and EMA(99).
Bias: Bearish (short-term)
Key Levels:
Resistance: $2,340 – $2,400
Support: $2,250 – $2,180
Trade Setup:
Entry (Short): $2,320 – $2,350
Target 1: $2,250
Target 2: $2,180
Stop Loss: $2,420
ETHUSDT
Perp
2,293.75
-0.96%
Alternative Scenario: If price breaks and holds above $2,400, momentum can flip bullish toward $2,460+.
Market Insight: Momentum indicators are cooling down, and price is losing strength after a local top. Sellers still have control unless a strong breakout happens.
Stay disciplined with risk management.$ETH #MarketRebound