$ETH The image shows a trading signal for the cryptocurrency pair ETH/USDT. The signal is for a short position, with an entry at the current market price, a take-profit target of $2,963, and a stop loss at $3,010. The leverage is set at 10x, and the risk is limited to 2-3% of the wallet.
*Trading Signal Details:*
- *Pair:* ETH/USDT
- *Entry:* Current Market Price
- *Take-Profit (TP):* $2,963
- *Stop Loss (SL):* $3,010
- *Leverage:* 10x
- *Risk:* 2–3% of wallet
*Market Outlook:*
- Ethereum is repeatedly failing near the $2,997 resistance zone
- The 15M chart shows rejection candles with fading momentum, indicating a bearish reversal setup
- Buyers are showing fatigue after the recent pump
- Unless ETH breaks above $3,010 with strong volume, downside toward $2,963 is the likely next move
- Watch for fading bullish candles and lower highs to confirm
This trading signal appears to be a bearish setup, indicating a potential decline in the price of ETH/USDT. The trader is advised to enter a short position at the current market price, with a target price of $2,963 and a stop loss at $3,010. The leverage is set at 10x, which amplifies both potential gains and losses. The risk is limited to 2-3% of the wallet, which is a common risk management strategy in trading.$ETH