$ETH /USDT short trade signal 🛑 🚦

BEARISH REVERSAL IN PLAY – SELLERS SEIZE CONTROL BELOW KEY RESISTANCE

Ethereum faced rejection from the $1,605 resistance zone, forming a strong bearish candle right after a retest of the supply zone. This signals the start of a potential short-term downtrend as buyers failed to hold the bullish breakout, leading to a sharp rejection.

Trade Setup:

Entry (Short): $1,600

Take Profit (TP): $1,583

Stop Loss (SL): $1,611

Market Outlook:

The market structure suggests a shift in momentum toward sellers, with bearish pressure emerging at a significant resistance block. Price action now targets the lower demand zone around $1,583. If selling continues, further downside could follow. Risk management is essential in this volatile zone.

buy and trade here on $ETH

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