$ETH USDT short tread signal 🛑 🚦
BEARISH REVERSAL – BULL TRAP CONFIRMING SELL-OFF
Ethereum just rejected strongly from the $2592 resistance after a quick bullish spike, trapping late buyers. Momentum has shifted back to sellers with aggressive rejection candles signalling a potential drop towards lower demand zones.
🔻 TRADE SETUP
Entry Zone: 2555 – 2560
Take Profit 1: 2530
Take Profit 2: 2510
Stop Loss: 2595
📉 SHORT MARKET OUTLOOK
ETH is forming a classic bull trap pattern with rejection wicks at key resistance. If price fails to reclaim $2590, sellers will remain in control targeting previous support levels around $2530 and $2510. Momentum is bearish below $2580, and market structure favours short opportunities on failed upside retests.
#ETH #Ethereum #CryptoTrading #BearishSetup #MarketReversal
buy and trade here on $ETH