$ETH USDT โ SHORT TRADE SIGNAL๐ด
๐ฅ STRONG REJECTION NEAR $3,887 SUPPLY ZONE
๐ฅ BEARISH CANDLE ENGULFS BREAKOUT ATTEMPT ABOVE $3,860
Ethereum failed to hold above the $3,860 resistance and is now showing bearish pressure after forming a lower high below $3,887. Price is retracing back into the $3,846โ$3,818 demand zone. A clean breakdown from this area may trigger a larger move toward the previous support near $3,730.
TRADE SETUP:
โข Entry Point: $3,848 โ $3,859
โข Stop Loss: $3,887
โข Take Profit Targets:
โโข TP1: $3,818
โโข TP2: $3,754
โโข TP3: $3,733
โข Margin: 2โ3% of wallet
โข Leverage: 10x
Market Outlook: ETH is at risk of forming a double-top pattern. If bulls lose control at $3,818, expect further downside continuation.
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