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$ETH /USDT Short Setup
Entry: $1,947 – $1,970
TP1: $1,880
TP2: $1,820
TP3: $1,750
SL: $2,015
My Analysis: Ethereum is showing significant weakness, currently trading below its MA 7 ($2,011) and MA 99 ($1,971). The price recently attempted a recovery but was sharply rejected at the MA 99 level, forming a bearish candle structure. With the MA 25 ($1,950) also acting as immediate overhead resistance, the short-term trend has shifted bearish. Expecting a retest of the recent liquidity pocket near $1,850 if the current support fails to hold.