Description:
Ethereum (ETH/USDT) is showing strong signs of a bearish reversal on the 1H timeframe, with a clear descending triangle breakdown forming near resistance.
🔹 Technical Analysis:
Price is trading below the descending trendline, indicating a lack of bullish momentum.
Strong resistance zone around $1880-$1900 (highlighted in red), which ETH failed to break multiple times.
Breakdown from a key support zone at $1850, confirming seller dominance.
Bearish order blocks & supply zones suggest institutional selling pressure.
Liquidity sweep above key levels, indicating smart money manipulation before the drop.
Bearish divergence on RSI & declining volume, signaling weakening bullish strength.
🔻 Trade Plan:
✅ Entry: Below $1855-$1860 confirmation of breakdown.
🎯 Targets:
TP1: $1810 (local support)
TP2: $1720 (key Fibonacci level)
TP3: $1650-$1600 (major demand zone)
🚨 Stop-Loss: Above $1885-$1900 to avoid market manipulation wicks.
⚖️ Risk-Reward Ratio: 1:3+, maintaining a disciplined approach to capital protection.
📉 Final Thoughts:
ETH is struggling to gain momentum, with lower highs and lower lows confirming a bearish structure. A clean break below $1850-$1860 could open the door for a further decline, with sellers taking control.
💬 Let me know your thoughts! Are you bearish or bullish on ETH? Drop your analysis in the comments!
Ethereum (ETH/USDT) is showing strong signs of a bearish reversal on the 1H timeframe, with a clear descending triangle breakdown forming near resistance.
🔹 Technical Analysis:
Price is trading below the descending trendline, indicating a lack of bullish momentum.
Strong resistance zone around $1880-$1900 (highlighted in red), which ETH failed to break multiple times.
Breakdown from a key support zone at $1850, confirming seller dominance.
Bearish order blocks & supply zones suggest institutional selling pressure.
Liquidity sweep above key levels, indicating smart money manipulation before the drop.
Bearish divergence on RSI & declining volume, signaling weakening bullish strength.
🔻 Trade Plan:
✅ Entry: Below $1855-$1860 confirmation of breakdown.
🎯 Targets:
TP1: $1810 (local support)
TP2: $1720 (key Fibonacci level)
TP3: $1650-$1600 (major demand zone)
🚨 Stop-Loss: Above $1885-$1900 to avoid market manipulation wicks.
⚖️ Risk-Reward Ratio: 1:3+, maintaining a disciplined approach to capital protection.
📉 Final Thoughts:
ETH is struggling to gain momentum, with lower highs and lower lows confirming a bearish structure. A clean break below $1850-$1860 could open the door for a further decline, with sellers taking control.
💬 Let me know your thoughts! Are you bearish or bullish on ETH? Drop your analysis in the comments!
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