⚠️ $ETH /USDT – Short Trade Signal Alert!
🔹 Current Price: $3,613.43
🔹 24H High / Low: $3,723.61 – $3,546.00
🔹 Change (24H): -2.83% (pullback after recent recovery attempt)
📊 Market Overview:
Bearish Rejection: ETH faced rejection near $3,691 and failed to sustain above short-term EMAs.
EMA Structure: Price is fluctuating around EMA(7), EMA(25), and EMA(99) with a slight bearish tilt; any breakdown below $3,580 will strengthen short bias.
Volume Activity: Selling pressure has increased with notable red candle volume during pullbacks.
RSI Weakness: RSI(12) at 52 is neutral but tilting down, suggesting fading buying strength.
📉 Trade Setup (Short Idea):
Entry Zone: $3,610 – $3,640 (near resistance re-test zone)
TP1: 🎯 $3,550 (recent support)
TP2: 🎯 $3,480 (stronger support zone)
TP3 (Final): 🎯 $3,355 (previous swing low)
Stop Loss: ❌ Above $3,695 (recent rejection high).
🔍 Pro Tip:
If ETH closes below $3,580 (EMA99) with increasing volume, it will confirm short continuation. Watch for rejection candles near EMA(25) or EMA(7) for precise entries.
📉 Bearish signs are dominant in the short term, unless ETH reclaims $3,700 with strong momentum.