ETHUSD @ SELLING PRESSURE, Breakdown the uptrend (Read Caption).

📉 ETH/USD Price Forecast 📉
ETHUSD
ETH/USD has formed an inverse cup and handle chart pattern at the top of its uptrend. The breakdown of the neckline of this pattern, coupled with the breakdown of the ascending channel, suggests a potential reversal. The price is expected to retrace before further movement downwards, with increased volume indicating strong selling pressure.

Key Points:
1. Formation of inverse cup and handle pattern signals a potential reversal.
2. Breakdown of neckline and ascending channel confirm bearish sentiment.
3. Anticipated retracement before further downward movement.
4. Increased volume on the selling side reinforces the bearish bias.

Key Levels:
- Support: 3130, 2860, and 2310
- Resistance: 3490 and 4100

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Trade active:

📉💼 ETH/USD Trade Update: Initiating Downward Movement Towards Target Zone 📉🎯

Traders, an update on our ETH/USD trade:

📉 First Phase Completed: ETH/USD has retraced to the resistance level, marking the completion of our first phase.

🕯️ Bearish Signal: A strong bearish candle has formed at this resistance level, indicating a potential reversal in the market sentiment.

⬇️ Falling Towards Targets: With this bearish signal, we anticipate the market to start falling towards our target zone.

📊 Stay Alert: Keep a close watch on the price action as ETH/USD progresses towards our target zone, and consider adjusting your trading strategy accordingly.

Let's capitalize on this downward movement and strive for a successful outcome! 📉💼 #ETHUSD #TradingUpdate #BearishMovement

Trade active:

ETHUSD achieved 1st phase target till resistaance level, there our order block it's time to open trades then keep hold till targets..