$ETH USDT Bearish Continuation — Ethereum Struggles Below Key Resistance

The $ETH /USDT 1H chart shows a clear downtrend with consistent lower highs and lower lows, confirming strong selling pressure in the market. After a sharp drop from the $2,080–$2,100 resistance zone, price is now consolidating near $1,980, which appears to be a weak recovery rather than a strong reversal.

This type of small consolidation after a strong decline often signals bearish continuation, and if Ethereum fails to reclaim nearby resistance levels, another downside leg could follow.

Trade Setup: Short 📉

Entry Range: 1,985 – 2,005

Target 1: 1,960

Target 2: 1,930

Target 3: 1,900

Stop Loss (SL): 2,040

Key Levels:

Resistance: 2,000 – 2,040

Support: 1,960 – 1,900

Market Outlook:

Ethereum remains under bearish pressure after the recent breakdown. As long as the price stays below $2,040, sellers are likely to maintain control and push ETH toward $1,960 and possibly $1,900. A strong move above $2,040 would invalidate the bearish setup and signal potential recovery.

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