$ETH USDT short tread signal 🛑 🚦
BEARISH REJECTION SETUP – SELLERS TAKING CONTROL!
Ethereum has failed to reclaim the resistance zone near $2,516, showing a strong bearish rejection. This indicates that sellers are aggressively defending this level, pushing the price towards fresh lows. If momentum sustains below key supports, further downside is likely.
🔻 Trade Setup:
Entry Zone: $2,503 – $2,505
Take Profit 1: $2,498
Take Profit 2: $2,495
Stop Loss: $2,516
📊 Market Outlook:
The market is currently in a downtrend with bearish momentum intensifying below $2,510. Strong resistance is marked at $2,516 while immediate support lies at $2,498. If price fails to break above $2,510 resistance, further sell-offs are expected towards the $2,490 range.
⚠️ Risk Management:
Use strict SL to protect capital. Avoid over-leveraging in fast market moves.
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