$ETH /USDT SHORT TRADE SIGNAL – BEARISH STRUCTURE BELOW RESISTANCE
Price is currently at $2,611.07, showing signs of rejection from the $2,640–$2,655 supply zone. Multiple upper wicks and lower highs suggest buyers are losing strength. Price failed to sustain above $2,620, and the most recent candles reflect selling pressure building.
🔻 SHORT TRADE SETUP:
Entry: $2,615 – $2,625
Target 1: $2,580
Target 2: $2,545
Target 3: $2,510
Stop Loss: $2,660
📉 Why Short?
ETH rejected from a local double top near $2,655. The 1H chart shows a descending pattern with no fresh high. If $2,600 breaks again, a drop to the lower demand zone is highly likely. Volume is tapering — signaling possible downside continuation.
⚠️ Risk Management Tip:
Use 2–3% capital risk, and move SL to entry after TP1. If price reclaims $2,660 on high volume, exit early.
💥 Sell smart — don’t chase green candles when the trend is turning red!
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!