Technical analysis by Mr_TraderLive about Symbol ETH: Sell recommendation (5/15/2025)
https://sahmeto.com/message/3516059

On the 1-hour chart, Ethereum (ETH/USD) is showing signs of a potential bearish breakdown. The price has failed to break above the 2,526 resistance zone multiple times, indicating strong selling pressure and weakening bullish momentum.The market structure suggests a likely downward move with clear targets.Entry Level: Around 2,510Stop Loss: 2,675Take Profit 1: 2,314Take Profit 2: 2,138Take Profit 3: 1,995This setup offers a strong risk-to-reward opportunity for short traders. If the price confirms a breakdown from the current consolidation, it could trigger a sell-off toward the lower support levels.
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$2,527.31