🚨 BINANCE ETHUSDT PERP UPDATE 🔥

$ETH Looking Bearish – Support Lost

Current Price: ~$1,997

Chart Analysis (Daily):

• Key support level broken

• Retest rejected strongly from below

• Downtrend line remains intact

• Momentum clearly favoring the bears

Trade Setup:

Short Entry: Current levels or retest of $2,050 – $2,080

Target 1: $1,900 – $1,920

Target 2: Next major support (green box) ~$1,750 – $1,800

Target 3: Lower liquidity zone (further extension)

Stop Loss: $2,150 (above recent rejection high)

Recommended Leverage: 10-20x

The structure remains weak. As long as ETH stays below the broken support and the descending trendline, more downside pressure is likely.

DYOR | Always use proper risk management | Trade responsibly!

ETH
ETHUSDT
1,984.06
-0.04%