$ETH
/USDT BEARISH REJECTION AFTER PARABOLIC SPIKE!
Ethereum surged strongly toward the $1,860 zone but faced immediate rejection from the upper resistance. A sharp wick at the top indicates selling pressure and potential exhaustion after breaking out of a rising channel.
TRADE SETUP (SHORT):
Entry Zone: $1,845 – $1,860
Targets: $1,835 / $1,827
Stop Loss: $1,865
MARKET OUTLOOK:
ETH may pull back toward the $1,827 support as bulls lose momentum near key resistance. Risk management is crucial with tight SL due to volatile swings.
COMMAND: Enter cautiously – bulls look tired, sellers circling above!
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