$ETH /USDT short trade signal 🛑 🚦
BEARISH REJECTION SIGNALS A POTENTIAL DROP AHEAD!
Ethereum faced a strong rejection near the $1,650 resistance zone, forming a bearish structure below the marked supply level. Price action shows signs of exhaustion after a strong pump, and sellers are stepping in as ETH struggles to reclaim the breakout zone.
Trade Setup (SHORT):
Entry: $1,643 - $1,647
Take Profit (TP): $1,612 / $1,594
Stop Loss (SL): $1,662
Market Outlook:
The market is showing a classic rejection from resistance, and unless ETH breaks above $1,662 with volume, a pullback toward support is likely. Watch for continuation to the downside if momentum builds below $1,640.
buy and trade here on $ETH
#Ethereum #ETHUSDT #CryptoSignals #BearishSetup #PriceRejection