$ETH /USDT ā SHORT TRADE SIGNAL š“
REJECTION AT LOCAL HIGH
MACD SHOWS BEARISH CROSSOVER
MOMENTUM TURNING WEAK BELOW RESISTANCE
$ETH faced strong rejection near $2,463, forming a local double top structure on the 1H chart. The recent bullish momentum has faded, and the MACD shows a clear bearish crossover with increasing red histogram bars, signaling downside pressure.
š“ Short Trade Setup
Entry Zone: $2,435 ā $2,440
Take Profit: $2,417
Stop Loss: $2,447
š Market Outlook:
If bearish momentum continues, a retest of the $2,417 support zone is likely. Breakdown below that could open doors to deeper correction levels.
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