$ETH

ETH
1,976.4
-4.49%
USDT Short Setup
Ethereum is showing sustained bearish momentum on the 15m timeframe. The chart structure is forming consistent lower highs and lower lows, signaling that sellers remain in control. Recent candles show rejection from the minor recovery zone, suggesting the downtrend may continue toward the next support area.
If price fails to reclaim the recent resistance zone, another leg down could develop quickly as liquidity sits below the recent low.
Entry: 2,040
Take Profit: 2,000
Stop Loss: 2,080
A clean break below the 2,036 support level could trigger stronger selling pressure and open the path toward the target zone.
Trade with discipline and proper risk management while waiting for confirmation of the continuation move.