$ETH

/USDT BEARISH SETUP: REJECTION FROM SUPPLY ZONE SIGNALS SELL-OFF AHEAD

Ethereum faces strong resistance near the $1,856 - $1,862 zone, where price has repeatedly failed to break higher. A bearish engulfing formation followed by a strong rejection wick confirms seller dominance, indicating a potential downside move is in play.

Trade Setup (Short):

Entry Zone: $1,850 – $1,856

Take Profit (TP): $1,817

Stop Loss (SL): $1,862

Market Outlook:

The structure remains weak below $1,862, and if the bearish momentum persists, ETH may revisit the $1,817 support zone. A clean break below could accelerate further downside. Traders should monitor volume and manage risk tightly.

Command for Post: Time to short ETH – Bears back in control!

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