$ETH USDT short trade signal 🚦 🛑
BEARISH REJECTION AT RESISTANCE — SHORT TRADE SIGNAL IN PLAY! 🔴
Ethereum has approached a critical resistance zone near $2,946 but failed to break above it, forming a rejection wick on the 30-minute chart. This suggests weakening bullish momentum and an increased likelihood of a downward retracement toward lower support levels. The current structure hints at a potential short opportunity before any further upward attempt.
Trade Setup (Short):
📌 Entry: 2,944.65
🛡️ Stop Loss: 2,961.42
🎯 Targets:
• TP1: 2,930
• TP2: 2,920
• TP3: 2,911.65
📉 Market Outlook:
ETH is under pressure near a supply zone while BTC trades sideways. If the market fails to reclaim $2,950 convincingly, sellers are likely to step in aggressively. Watch volume closely for confirmation of the breakdown.
⚠️ Risk Management:
Risk only 2-3% of wallet balance. Use 10x leverage with discipline and don’t compromise on the SL level.
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📉 This is your signal. Tap in before the next breakout candle!
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