🔻 $ETH /USDT SHORT SETUP – Rejection Confirmed! 🛑📉
$ETH is trading at $2,510.07 (-0.32%) after facing a sharp rejection from the $2,517 resistance zone. Price has now broken below a key intraday support, signaling growing bearish momentum.
Bears are stepping in aggressively — and this clean breakdown hints at further downside ahead if $2,517 holds as resistance.
📊 Trade Setup:
• Entry: $2,509
• Target 1 (TP1): $2,494 ✅
• Stop Loss (SL): $2,517
⚡ Technical View:
Price action shows a clear rejection at resistance, followed by a breakdown below support. Short-term momentum favors the bears, especially below $2,510.
🛡 Risk Note:
A move back above $2,517 invalidates the setup — cut losses quickly. Use tight risk management.
🔄 Strategy Breakdown:
This is a momentum short play after a failed breakout and breakdown confirmation. The setup aims for a quick profit zone before possible bounce zones emerge near $2,490.
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