$ETH /USDT short trade signal 🚦 🛑
BEARISH SETUP – SUPPLY ZONE REJECTION COULD TRIGGER A DROP
Ethereum is showing signs of weakness after getting rejected near the $1,614 resistance zone. The current candle structure is forming a lower high, suggesting sellers are defending the supply zone effectively. A short trade is being considered based on this reversal signal.
Trade Setup:
Short Entry: $1,598
Take Profit (TP): $1,570
Stop Loss (SL): $1,614
Market Outlook:
If price sustains below $1,600, momentum could shift downward targeting the next support at $1,570. Breaking below this could expose $1,550. Traders should monitor for volume confirmation and tighten SLs if volatility spikes.
#Ethereum #CryptoTrading #ETHUpdate #BearishSignal #Altcoins
buy and trade here on $ETH
