$ETH /USDT short trade signal 🚦🛑
SHORT TRADE SETUP – BEARISH REJECTION AT RESISTANCE!
Ethereum faced sharp rejection near the $2,635 zone after a strong bullish run, printing a long upper wick and reversing with increasing sell volume. Price is now trading near $2,596.58, attempting to hold within a minor consolidation box under resistance.
Trade Setup (SHORT):
Entry Price: $2,600 – $2,615
Target 1: $2,560
Target 2: $2,518
Stop Loss: $2,635
Why Short?
A clean bearish engulfing pattern has formed after price failed to hold above the $2,630 resistance. Volume is confirming the reversal, and the structure has shifted with a lower high forming. A retest of the $2,515–$2,520 demand zone is highly probable if price breaks below $2,590 with momentum.
Risk Management Tip:
Keep SL tight above the $2,635 rejection zone. If price reclaims and holds above this, the short setup is invalidated.
Sell smart — don’t chase green candles when the trend is turning red!
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buy and trade here on $ETH