$ETH USDT – SHORT TRADE SIGNAL
REJECTION FROM RESISTANCE ZONE
FAILING TO HOLD ABOVE 2570 ZONE
Ethereum faced strong rejection from the $2,570–$2,580 resistance zone after a sharp rally. Price is now slipping below the breakout level, signaling potential downside. The consolidation range between $2,560–$2,570 is broken to the downside with increasing selling pressure.
Current Price Action:
ETH is trading near $2,560. A clear bearish engulfing candle has formed, hinting at continuation toward lower support zones.
TRADE SETUP
• Entry Point: $2,560 – $2,562
• Stop Loss: $2,571
• Take Profit:
1. $2,548
2. $2,538
3. $2,515
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook:
Bearish momentum taking over as ETH fails to hold above key resistance. Expecting a drop toward $2,530–$2,515 if selling continues.
#ETHUSDT #CryptoTrading #BinanceFutures #ShortSignal #TechnicalAnalysis