$ETH BEARISH MOVE – REJECTION SIGNALS FURTHER DROP! ⚠️
#Ethereum is facing clear rejection after a sharp bullish impulse, indicating a potential reversal. Price has formed a strong rejection candle near the resistance zone, suggesting sellers are regaining control.
🔻 Trade Setup (Short Entry):
Entry Zone: $2441 – $2445 (upon rejection confirmation)
Targets (TP):
TP1: $2424
TP2: $2405
Stop Loss (SL): $2463 (above rejection wick)
📉 Market Outlook: ETH/USD shows weakening bullish momentum with lower timeframe rejection patterns. A breakdown below immediate support around $2424 could accelerate bearish continuation towards $2405. Trend remains vulnerable under $2460 resistance.
💡 Risk Management: Always use a strict stop loss. Risk only 1-2% of your capital per trade to stay consistent and disciplined.