$ETH /USDT SHORT TRADE SIGNAL – BEARISH REVERSAL AFTER FAILED HIGH!
$ETH faced heavy rejection near $2,680 and is now showing a sharp bearish engulfing on the 15-min chart. Price failed to hold above $2,650 and has broken structure with a strong pullback. A clean break below $2,635 could trigger a deeper correction toward lower support zones.
Trade Setup (SHORT):
Entry Zone: $2,636 – $2,640
Target 1: $2,622
Target 2: $2,614
Stop Loss: $2,647
Why Short?
The bounce was aggressively sold into, and current candles are showing lower highs and strong selling pressure. The risk-reward setup favors shorts as the price tests the neckline of this intraday breakdown.
Risk Management Tip:
Use stop loss strictly above $2,647. If momentum reverses, exit quickly — but for now, the trend favors downside continuation.
Sell smart — don’t chase green wicks when the structure is breaking down!
Trade the trend — bears are back on the throne!
Take the trade now — $ETH is breaking its bullish grip fast!