$ETH /USDT – Rejection from $1,639, Short Pressure Building!
Ethereum touched a 24h high at $1,639 before facing clear rejection and pulling back to $1,582. The strong wick and selling volume signal resistance pressure. Unless $1,610 is reclaimed quickly, ETH might slide further toward support zones.
Trade Setup (Short Opportunity):
Entry: $1,585–$1,595
Target 1: $1,545
Target 2: $1,505
Final Target: $1,465
Stop Loss: $1,620
Leverage Tip: Use 5x–8x for controlled downside move
Watch for weak bounces — if volume stays muted, further drop is highly probable.
