🔻 $ETH / USDT — Short Setup Near Key Resistance

Ethereum has bounced from the $3,616 low and is now facing key resistance near $3,860. Despite bullish attempts, the structure shows potential for a short-term pullback as momentum starts to stall below resistance.

📉 Short Trade Setup (Rejection Play)

• Entry Zone: $3,850 – $3,870

• Stop Loss: $3,890

• Target 1: $3,780

• Target 2: $3,710

• Target 3: $3,640

📊 Analysis & Insights

ETH is facing heavy supply near $3,860 — a zone that has rejected multiple times.

Momentum is slowing while price forms lower time frame bearish divergence.

Bears could regain control if ETH fails to break $3,870 on strong volume.

🧠 Pro Tip

Wait for a clear rejection candle on the 15-min or 1H chart in the $3,850–$3,870 zone. Avoid shorting early — confirmation is key.

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