$ETH USDT short trade signal š¦ š
BEARISH WALL REJECTED AGAIN, SHORT THE EXHAUSTION š„
Ethereum just got slammed at the $2,960ā$2,980 resistance ā a zone that has been repeatedly defended by bears. Price failed to break above convincingly, forming a lower high with sharp selling pressure. With liquidity drying out near the highs and momentum stalling, ETH looks primed for a sharp pullback toward the demand zone below. Now is the time to position short before the next leg down begins. š»
š» Trade Setup (Short):
Entry Zone: $2,958 ā $2,962
Take Profit 1: $2,930
Take Profit 2: $2,915
Final TP: $2,902
Stop Loss: $2,983
š Market Outlook:
The rejection from the resistance aligns with a weakening short-term bullish structure. 15m and 1h charts are showing divergence and deceleration in bullish momentum. Break below $2,940 could accelerate downside moves rapidly. ETH must reclaim $2,983 to flip bias bullish again ā until then, sellers are in control.
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buy and trade here on $ETH