$ETH /USDT TECHNICAL ANALYSIS – BEARISH CONTINUATION
Ethereum is showing signs of bearish pressure after failing to sustain above key resistance levels. The chart indicates a potential downside movement as MACD shows weakening momentum and recent price action confirms lower highs and lower lows. Immediate support zones are critical to watch for possible short entries.
Trade Setup:
Position: Short
Entry: Below 3,102
Target 1 (TP1): 3,042
Target 2 (TP2): 3,013
Stop Loss (SL): 3,152
Risk Management: Keep risk below 2% of trading capital per trade, monitor support zones closely, and adjust SL if price shows reversal patterns.
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