📉 $ETH /USDT Short Trade Setup – Bearish Momentum Active
Current Price: 4586.53
Market Structure:
ETH is struggling to break above the 4627 resistance zone, facing multiple rejections. This signals heavy selling pressure and the potential for a downward move.
Entry Zone:
👉 I’m looking for short entries between 4585 – 4595, ideally after clear rejection candles near resistance.
Stop Loss:
⚠️ Stop loss goes above 4630 to protect against unexpected breakouts.
Target Points:
🎯 TP1: 4550
🎯 TP2: 4520
🎯 TP3: 4500
Trade Analysis:
Sellers have repeatedly defended the 4627 zone, keeping ETH capped below resistance. If price fails to reclaim this level, bearish momentum is likely to extend. A clean breakdown below 4560 could accelerate downside pressure, with 4500 as a realistic target. As always, proper risk management is crucial here since volatility around these levels can spike.