$ETH
ETHUSDT
Perp
1,948.31
-0.09%
/ USDT (Perp) — Downward Continuation
Ethereum is under strong selling pressure after failing to hold above the 2,100–2,150 area. The price is recording lower highs and lower lows on the 1-hour timeframe, indicating a clear bearish control.
Selling volume remains dominant, and any short-term recovery seems corrective rather than a reversal of trend.
Trade Idea (Bearish Bias):
• Entry: 2,055 – 2,080
• Stop Loss: 2,130
• TP1: 2,020
• TP2: 1,980
• TP3: 1,940
As long as ETH remains below 2,130, further downside is likely. A break below 2,020 could trigger swift moves towards lower levels.
⚠️ Trade with appropriate risk management & confirmation.