$ETH /USDT – Short Trade Entry Opportunity🔥💯
ETH/USDT is facing strong rejection near the $3,048 zone after a failed breakout attempt. Price action shows clear exhaustion signs, with a lower high formation and weakening bullish momentum, suggesting a potential drop toward the previous demand area.
Entry: 3,046.59
Target 1: 3,014.00
Target 2: 2,990.00
Target 3: 2,967.50
Stop-Loss: 3,077.35
Risk Management:
Limit exposure to 3–5% of capital. Move stop-loss to entry after Target 1 is reached to secure profits and minimize loss.
Pro Tip:
Watch for a strong bearish engulfing or high sell volume confirmation below $3,042 to validate downside continuation.
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