$ETH USDT – SHORT TRADE SIGNAL🔴
🔻 Key Resistance Rejected at $3,810–$3,823
🔻 Support Break Below $3,775 Confirms Bearish Pressure
Ethereum is currently trading around $3,773, having failed to hold above the major resistance zone between $3,810–$3,823. Price has now broken below the consolidation range support at $3,775, indicating a potential continuation to the downside.
📉 Price Action: After multiple rejections at resistance, ETH printed bearish candles near the top of the range, followed by a sharp breakdown below support – suggesting sellers are in control. If momentum sustains, lower support areas are likely to be tested.
---
🔻 Trade Setup:
• Entry Point: $3,770 – $3,780
• Stop Loss: $3,823
• Take Profit 1: $3,694
• Take Profit 2: $3,655
• Margin: 2–3% of wallet
• Leverage: 10x
---
📊 Market Outlook:
ETH rejected a key supply zone and slipped back under range support. A retest of $3,700 and potentially $3,655 looks probable if bearish momentum continues.
#ETHUSDT #BinanceFutures #CryptoTrading #ShortSetup #TechnicalAnalysis