$ETH /USDT 4h EMA Rejection – Bearish Setup (Low Risk) ⚠️
Entry: $1,581.00
Stop Loss: $1,590.00 ⛔ (above EMA & resistance zone)
Take Profit 1: $1,495.00 ✅ (previous demand zone)
Take Profit 2: $1,460.00 🚨 (next key support)
Reason:
Price is showing clear rejection from the 9/21 EMA zone on the 4h timeframe. Break below trendline confirms bearish momentum. Volume spike on the breakdown supports selling pressure.
Setup Type: Low-risk short with tight SL for scalping or intraday move.