📉 $ETH in a relentless DOWNTREMD! -3% and trapped WELL BELOW all key moving averages.

SHORT any minor bounce for a continuation down:

• Entry Zone: $2,270 - $2,300 (Below the massive EMA wall)

• TP1: $2,200 | TP2: $2,150 | TP3: $2,100

• Stop-Loss: $2,350 (Above local resistance and the downtrend line)

Logic: Price is in a capitulation phase with EMAs acting as distant resistance. Every rally is being sold aggressively. The structure is overwhelmingly bearish, targeting a break below psychological support at $2,200 and towards $2,100.

Shorting the weakness or trying to catch a falling knife? The trend is undeniable. 🔻