$ETH /USDT short trade signal 🚦 🛑

BEARISH BREAKDOWN AFTER SUPPLY REJECTION!

Ethereum faced a strong rejection near the $1,817 supply zone, failing to sustain above resistance and forming a lower high structure. Price has broken below the mid-range level of $1,808 and is now aiming lower, indicating bearish continuation with momentum shifting down.

Trade Setup:

Entry (Short): $1,798

Take Profit (TP): $1,768

Stop Loss (SL): $1,817

Market Outlook:

The current structure suggests $ETH is respecting the bearish order block, with no strong bullish signs yet. Until price reclaims above $1,817, short setups remain valid. A breakdown below $1,790 would confirm extended downside.

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