📉 $ETH USDT – Bearish Continuation / Weak Bounce.
Market is still in a clear downtrend. The recent bounce looks like a relief move, not a real reversal sellers are still in control.
🔴 Short Trade Setup
• Entry: 2,015 – 2,030
• TP1: 1,990
• TP2: 1,970
• TP3: 1,950
• SL: 2,055
Reasoning:
$ETH dumped hard and is now forming a weak consolidation near 2,000 support. The bounce lacks strong bullish volume and is getting rejected near 2,020–2,040 resistance. This is typical bearish continuation structure (lower highs + weak recovery). If price fails to break above 2,050, downside continuation is highly likely with liquidity sitting below 1,980.
Trade $ETH here 👇
ETHUSDT
Perp
2,137.32
+3.86%