📉 ETH/USDT – Short Setup (15m Chart)

Current Price: $3,787.99

Entry Zone: $3,800 – $3,850 (resistance zone with rejection wick)

Target:

🎯 Take Profit: $3,500

Stop Loss: $3,815 (above recent wick high)

🔍 Rationale for Short Signal:

✅ Strong wick rejection near $3,800 (potential double top setup)

✅ Bearish volume spike with price stalling near resistance

✅ Overextended short-term rally with potential retracement

✅ Scalping short timeframe — ideal for intraday fade from resistance

📌 Risk Management Note:

This is an aggressive short, targeting a deep retracement to $3,500 (~7.5% move).

Consider trailing stop or partial profit at intermediate zones like $3,680 and $3,600.