$ETH /USDT – BEARISH REVERSAL SETUP AT RESISTANCE
Ethereum has approached the $4,400 resistance zone after a strong rally, but momentum is showing signs of exhaustion. Price is testing the rejection area for the third time, with selling pressure building. A clean break below $4,250 could trigger a deeper correction towards lower supports.
Trade Setup (Short Position):
Entry Zone: $4,270 – $4,280
Take Profit 1: $4,180
Take Profit 2: $4,015
Stop Loss: $4,400
Market Outlook:
Multiple rejections at $4,400 indicate strong supply overhead.
Volume spike during pullbacks suggests profit-taking is active.
If $BTC also faces resistance, $ETH could drop faster towards the $4,000–$4,015 zone.