$ETH USDT – SHORT TRADE SIGNAL🔴
REJECTION FROM 2635 RESISTANCE
BEARISH CROSS BELOW EMA25 CONFIRMS DOWNSIDE MOMENTUM
ETH is struggling to hold above the $2,578 zone after a sharp rejection from the $2,635.50 resistance. Price has broken below both the EMA 7 and EMA 25, signaling increasing bearish pressure. The bounce attempt is weak, suggesting possible continuation to the downside.
Key Technical Levels:
Resistance: $2,604 – $2,635
Support: $2,556 then $2,537 (EMA99)
Consolidation: $2,578 – $2,584 (now acting as resistance)
🔻Trade Setup (Short):
Entry Point: $2,574 – $2,580
Stop Loss: $2,605
Take Profit:
• TP1: $2,556
• TP2: $2,537
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
ETH is showing signs of weakness after a lower high and breakdown from moving averages. A test of $2,537 is likely if bearish momentum continues.
#ETHUSDT #BinanceFutures #CryptoTrading #ShortSignal #BearishSetup