$ETH DOWNTREND WATCH: Bulls Trapped Under $2,550
$ETH /USDT
Direction: SHORT
Entry: 2,425.07
TP1: 2,356.79 +2.8%
TP2: 2,318.00 +4.4%
TP3: 2,280.00 +6.0%
SL: 2,475.00
Chart Structure:
- Topped out near 2,708-2,789, then broke down hard through MA7, MA25, and MA99 in a single sharp impulsive leg
- All three MAs now sloping down and stacked above price textbook downtrend structure
- Price is consolidating tightly right between MA7 (2,417.92) and MA25 (2,426.22), well under MA99 (2,551.67) a weak pause, not a reversal
$ETH