$ETH USDT – SHORT TRADE SIGNAL🔴
REJECTION FROM LOWER HIGH AT $2,944
WEAK BOUNCE AFTER BREAKDOWN INDICATES BEARISH CONTINUATION
ETHUSDT faced sharp rejection below $2,944 after failing to reclaim the recent supply zone near $3,020. Price action remains weak with lower highs forming, and bearish momentum continues to dominate under the $2,950 level.
With price hovering below intraday resistance and no strong bullish follow-through, a further decline toward key support at $2,895 is likely.
🔑Trade Setup:
• Entry Point: $2,930 – $2,935
• Stop Loss: $2,953
• Take Profit:
• TP1: $2,918
• TP2: $2,894
• Margin: 2–3% of wallet
• Leverage: 10x
📉Market Outlook:
ETH shows persistent downside pressure after rejection from a major resistance block. As long as price stays below $2,944, further sell-offs toward $2,900 and below remain probable.
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