$ETH – SHORT TRADE SIGNAL🔴
Lower High Formed Below $3,968 Resistance ⚠️
Rising Momentum Faded With Bearish Engulfing Pattern 📉
$ETH failed to sustain above $3,968, forming a clear lower high followed by increased selling pressure. Current price action has slipped back below $3,932, signaling weakness. If $3,865 support breaks, further downside toward $3,785–$3,760 is likely.
Trade Setup:
• Entry Point: $3,890 – $3,900
• Stop Loss: $3,970
• Take Profit:
– TP1: $3,787
– TP2: $3,760
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook: Bearish bias remains valid unless $3,968 is reclaimed. Momentum favors short setups targeting deeper support levels. 🔻📊
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