$ETH /USDT: Bearish Breakdown Trade Setup

Current Price: $3,115.62 (-2.40% today)

Key Level: Lost 3,100 USDT support.

Levels to Watch:

· Resistance: 3,200 (EMA cluster), 3,273 (24h high)

· Support: 3,085 (24h low), then 2,907 (recent low on chart)

Indicators:

· EMA(7) & EMA(25) both above price — bearish alignment

· EMA(99) at 3,121 — now resistance

· RSI(6) at 24.21 — oversold but trend strong

Volume:

· 24h Vol: 427,787 ETH / 1.37B USDT

· Current Vol MA(5) < MA(10) — selling pressure may be slowing?

Trade Idea (Short Bias):

· Sell below 3,100 break

· Target: 3,085 → 2,907

· Stop: Above 3,150 (above EMA 99)