$ETH
– SHORT TRADE ALERT 🔴
A lower high formed below the $3,968 resistance level ⚠️
Momentum is fading, confirmed by a bearish engulfing pattern 📉
$ETH couldn’t hold above $3,968, creating a clear lower high with rising selling pressure. Price has dropped back below $3,932, showing signs of weakness. If support at $3,865 breaks, further decline toward $3,785–$3,760 is expected.
Trade Details:
• Entry: $3,890 – $3,900
• Stop Loss: $3,970
• Take Profit Targets:
– TP1: $3,787
– TP2: $3,760
• Risk: 2–3% of wallet
• Leverage: 10x
Market Outlook: Bearish bias remains until $3,968 is reclaimed. Momentum supports short positions aiming for lower support zones. 🔻📊
ETHUSDT Perp
Current Price: $3,892.55 (+1.14%)
#ETHUSDT #ShortSignal #BinanceFutures #CryptoTrading #BearishSetup