🟥 $ETH

USDT BEARISH REVERSAL SETUP – SHORT OPPORTUNITY AHEAD!

Ethereum is showing signs of rejection after a sharp bullish rally. The price is struggling to break above the resistance zone near $2,518 - $2,523, indicating potential for a downside move.

🔑 Key Levels:

Resistance: $2,518 – $2,523

Current Price: $2,508

Support: $2,459 & $2,421

📉 Trade Setup (Short):

Entry Zone: $2,517 – $2,520

Take Profit 1 (TP1): $2,459

Take Profit 2 (TP2): $2,422

Stop Loss (SL): $2,524

📊 Market Outlook: ETH pumped strongly from the descending channel breakdown retest but is now facing strong supply at local highs. If rejection sustains below resistance, a pullback towards $2,459 and possibly $2,421 is likely.

⚠️ Risk Management:

Always use defined stop-loss, risk only 1-2% per trade, and secure partial profits on targets to protect capital.

💡 Comment 🔻 if you’re watching this short move today.

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buy and trade here on $ETH