$ETH
USDT SHORT TRADE SIGNAL 🔴
Price is rejecting from a strong resistance zone after completing a rounded bottom structure, indicating a potential fakeout and reversal. The failure to sustain above $2,467 shows weakness, and the sharp wick rejection confirms bearish momentum.
Trade Setup:
Entry Point: $2,400–$2,467
Stop Loss: $2,470
Take Profit: $2,160
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
Despite a bullish pattern, the rejection at major resistance suggests bears are stepping in. Momentum is weakening, and a downside correction to the lower support area is likely if price holds below $2,400.
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buy and trade here on $ETH