💰 $ETH – Key Support Breakdown Setup

🔽 SHORT
✳️ ENTRY: 1860, 1875, 1895
🎯 TARGETS: 1830, 1805, 1770, 1745, 1700
🀄️ LEVERAGE: 10x–20x
🔴 STOPLOSS: 1920
In 15mins chart, #ETH has lost MA7, MA25, MA99, and MA200, showing clear short-term bearish momentum.
A strong bearish MACD crossover is in play with expanding red histogram bars.
RSI(7) has dropped into oversold territory, so a relief bounce toward the entry zone is possible before continuation.
In 4Hr chart, Price failed to hold above the recent swing high near 1891 and has started forming lower highs.
The rejection pushed #Ethereum back below the fast moving averages, indicating buyers are losing momentum.
MACD has turned bearish while RSI is cooling from higher levels, supporting a short-term downside move.
1860–1890 acts as a good sell-on-bounce zone. If ETH fails to reclaim this area, the probability of a move toward 1700 increases.
Watch how price reacts around 1860–1890. A weak rejection from this resistance zone would strengthen the bearish setup.