$ETH USDT BEARISH SETUP – DOWNTREND CONTINUES
$ETH USDT is showing signs of bearish pressure after failing to sustain above resistance near the recent highs. The price is trending below the key moving averages, and the 24h range indicates sellers are dominating. Short-term momentum suggests further downside potential, with strong support zones identified below.
Trade Setup (Bearish Momentum):
Short Entry: 3,040 – 3,030
Target 1: 3,000
Target 2: 2,975
Target 3: 2,950
Stop Loss: 3,060
Risk Management:
Use proper position sizing; risk no more than 1–2% of trading capital per trade. Monitor for potential reversals at support zones.
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ETHUSDT
Perp
3,057.99
+1.46%