🔥 $ETH Breaking Below Key Support?

Current Price: $1,993.65 (-1.61% 24h)

Technical Analysis:

Ethereum broke below the $2,000 psychological level on reduced 4h candles. Daily structure remains weak, with lower highs forming. The 4h timeframe shows consistent selling pressure: 2011 → 2006 → 1993. However, support at $1,983.56 (24h low) remains intact.

📊 Setup: SHORT (until confirmed reclaim of $2,020)

🎯 Entry: $1,988-$1,993 (market)

Stay below $2,005 resistance

⛔ Stop Loss: $2,015 (above daily resistance)

💰 TP1 (2RR): $1,970 (-0.6% from entry)

TP2 (3RR): $1,955 (-1.5% from entry)

Key Levels to Watch:

📈 Resistance: $2,020-$2,040

📉 Support: $1,983-$1,990

⚠️ DYOR | Crypto is volatile. Risk management first.

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