🚨 $ETH /USDT – Rejection from $1658, Short Trade in Play! 🚨
Ethereum surged to $1,658 but faced a sharp rejection, pulling back below $1,620. Current price is $1,612.90 with visible bearish pressure on lower timeframes.
Short Trade Setup:
Entry Zone: $1,615 – $1,620
Final Target: $1,580
Stop Loss: $1,632
Why This Setup Works:
Price formed a lower high with strong red candles after hitting local top. Volume is cooling and bears are pushing below minor support zones.
Risk Tip: Secure profits on early dips and trail stop-loss if price touches $1,595.
Take Short Trade on $ETH
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