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$ETH /USDT – Bearish Momentum Intensifies
Ethereum faces strong selling pressure, currently trading around $3,595 after rejection near the $3,750–$3,800 resistance zone. The break below $3,620 confirms seller dominance, with high volume signaling further downside unless
$ETH reclaims $3,650.
Trade Setup:
Short Entry: $3,600 – $3,620
Target 1: $3,540
Target 2: $3,470
Target 3: $3,390
Stop Loss: $3,680
Market Outlook:
The short-term trend remains bearish. Expect potential support near $3,500, with rallies likely sold into. Bulls need a decisive close above $3,700 to shift momentum.
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$ETH