$ETH /USDT – SHORT TRADE SIGNAL AS BEARS DEFEND $2,880 RESISTANCE

The $ETH/USDT pair is exhibiting signs of short-term weakness after facing strong rejection near the $2,880 level. Currently trading at $2,731.29 (-1.47%), ETH has failed to hold above key psychological support at $2,750 and now appears to be forming a potential lower high on the 30-minute chart.

🔍 Technical Outlook (30-Min Chart - Binance)

Resistance Zone: $2,860 – $2,880

Support Zone: $2,700 – $2,680

Price Structure: ETH recently hit a 24h high at $2,879.22 but quickly retraced, forming a bearish engulfing pattern near resistance.

Volume:

ETH Volume (24h): 868,415.70

USDT Volume (24h): 2.43B

These high volumes indicate institutional activity, but recent price rejection suggests more sell-side pressure is present.

Momentum: RSI is turning down from overbought territory on lower timeframes; MACD histogram weakening.

📉 Trade Idea: Short Trade Signal

Entry Zone: $2,740 – $2,760 (after weak retest or rejection)

Target: $2,700 – $2,680

Stop-Loss: Above $2,790

Risk-Reward: Approx. 1:2+

📊 Performance Snapshot

7-Day Change: +3.89%

30-Day Gain: +12.12%

90-Day Gain: +47.50%

180-Day Drop: -30.21%

ETH has rallied hard recently, but a cool-down phase is likely as price struggles near key resistance zones.

📌 Conclusion: Given the failure to sustain above $2,880 and increasing signs of selling pressure, a Short Trade opportunity emerges with high probability for a pullback toward the $2,700 area.#TrumpTariffs #BinanceHODLerHOME #BinanceHODLerRESOLV #CryptoRoundTableRemarks #Tradersleague