$ETH /USDC FAILS TO HOLD ABOVE $2,512 – SHORT TRADE SETUP ACTIVATED

Ethereum ($ETH ) faced a sharp rejection after bouncing off the $2,488.75 support level. Despite a slight recovery, it’s struggling to maintain strength above the $2,512 mark, signaling weakness and a potential short opportunity.

📉 Market Snapshot

24h High: $2,568.81

24h Low: $2,454.29

Current Price: $2,511.40

Key Resistance: $2,525 – $2,538

Price Rejection Zone: $2,549.09

🔻 Short Trade Setup:

• Entry Zone: $2,510 – $2,518

• Target 1: $2,490

• Target 2: $2,465

• Stop Loss: $2,528

⚠️ Short pressure is likely to increase if $ETH continues to form lower highs. Watch closely for a rejection at or below the $2,518 level for entry confirmation.

#ETH #ShortTrade #CryptoAnalysis #BinanceTrading #CryptoSetup