$ETH /USDT – SHORT TRADE SETUP ALERT!

Current Price: $2,597.77 (+5.23%)

24H Range: $2,467.60 – $2,738.50

24H Volume: 1.26M ETH | $3.31B USDT

Technical Snapshot:

Strong rejection from $2,738.50 (24H high)

Currently trading below MA(7), MA(25), and MA(99) – weak bullish strength

Volume cooling off after earlier impulse

📉 Short Trade Setup:

Entry Zone: $2,605 – $2,630

Stop Loss: $2,749

🎯 Targets:

TP1: $2,542

TP2: $2,491

TP3: $2,467

📊 Market Insight:

ETH failed to sustain above major resistance levels. Price is compressing under key moving averages – a bearish indicator. Reversal signs forming on the 1H and 4H charts.

⚠️ Pro Tip:

Watch 15m and 1h candle closures. Weak bounce = strong short scalp opportunity.

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