⚠️ $ETH/USDT Bearish Reversal in Motion — Sellers Take Charge After $2,734 Rejection 📉
Ethereum couldn’t hold above the key $2,734 resistance, forming a double-top pattern and dropping toward support. It’s now hovering around $2,583 with bearish momentum taking over on the 4H chart.
Key Levels:
🔼 Resistance: $2,734 (Recent Top), $2,664
🔽 Support: $2,483 (Immediate), $2,393 (Major)
💼 Short Trade Setup:
📍 Entry: $2,580 – $2,590
🎯 TP1: $2,483
🎯 TP2: $2,393
🛑 SL: $2,665
⚙️ Risk Management Tips:
Risk only 1–2% per trade. Avoid overleveraging in trend reversals. Look for candle rejections at resistance before entry.
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⏳ Trend is shifting fast — lock in profits before the bulls wake up!
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ETHUSDT Perp: $2,572.18 🔻 -3.59%
