🚨 $ETHW USDT — Weak Structure, Bearish Drift 📉
After a sharp pump, price failed to sustain highs and is now moving sideways-to-down — showing clear loss of momentum ⚠️
💡 What’s happening?
• Strong rejection from 0.48 → distribution phase 📊
• Price struggling below MA(7/25) → resistance pressure
• Lower highs forming → bearish shift starting 🔻
• Weak bounces → buyers losing strength ❌
⚡ Trade Setup (Short Idea):
🔻 Entry: 0.375 – 0.395
🎯 Take Profit:
• TP1: 0.350
• TP2: 0.325
• TP3: 0.300
🛑 Stop Loss: 0.410
📊 Market Insight:
This looks like a post-pump consolidation turning into distribution.
If support breaks, downside can accelerate.
🧠 Smart Approach:
• Avoid longs in weak momentum ❌
• Short on resistance / pullbacks ✔️
• Watch for breakdown confirmation ⚠️
🔥 Conclusion:
Bias = bearish continuation
Momentum fading — sellers gaining control 🔻
#ETHW #Write2Earn #CharlesSchwabtoRollOutSpotCryptoTrading
j