šŸ“‰ $ETH/USDT – Short Setup After Resistance Rejection

$ETH recently retested the $3,850 resistance zone but failed to break higher, forming a potential double top on the 4H chart. With bearish pressure mounting and $BTC showing weakness below $117K, $ETH could face a correction in the near term.

šŸ”» SHORT Entry Zone:

$3,730 – $3,850

šŸŽÆ Take Profit Targets (TP):

$3,660

$3,590

$3,480

$3,360

$3,250+

āŒ Stop-Loss (SL):

$3,970

šŸ“Š Technical Indicators:

RSI showing bearish divergence on the 4H

Price forming a lower high near major resistance

Volume decreasing on upward pushes – momentum fading

šŸ”Ž Note: Keep an eye on $BTC — any sharp breakdown from current levels may accelerate $ETH 's downside move.

#BTCvsETH #ETHBreaks3700 #StablecoinLaw #NFTMarketWatch #StrategyBTCPurchase