$ETH /USDT SHOWS WEAKNESS NEAR RESISTANCE – SHORT TRADE UNDERWAY
$ETH/USDT faced rejection after testing the local high at $2,548.42, now retracing to $2,532.93, down -1.53%. On the 15-minute chart, ETH is forming a lower high pattern while failing to hold gains above the $2,540 zone.
🔻 Bearish Signs Emerging: • Multiple rejections below $2,550 = strong resistance
• Lower highs and red candles indicate exhaustion
• Price struggling to hold above intraday support at $2,526
• Possible revisit of key demand zone around $2,500
📉 Short Trade Setup: • Entry Zone: $2,530 – $2,535
• TP1: $2,505
• TP2: $2,475
• TP3: $2,445
• SL: $2,555 (above swing high)
Unless bulls reclaim $2,550 with strong momentum, $ETH looks set for another leg down. A close below $2,526 may confirm the breakdown, offering solid short-term trade potential.
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