$ETH /USDT – Short Trade Setup

ETH is trading at $4,628.39 (-2.29%) after pulling back from the $4,788.00 resistance level. The rejection near the top, combined with increased selling volume, suggests short-term bearish pressure.

Trade Setup (Short):

Entry: $4,625 – $4,640

Take Profit 1: $4,580

Take Profit 2: $4,530

Take Profit 3: $4,480

Stop Loss: $4,675

Market Insight: With 1.26M ETH traded in the last 24h and a strong rejection from resistance, ETH could continue its correction if it fails to reclaim $4,675. A break below $4,580 may accelerate downside momentum toward $4,480.