$ETH USDT BEARISH REJECTION FROM SUPPLY ZONE — DEEP DIVE LIKELY AHEAD

Ethereum has faced a strong rejection after a relief rally into the 2,325–2,340 supply zone. The hourly chart shows a sharp wick and bearish engulfing pattern, signaling sellers are firmly in control. This recovery pump appears to be a bull trap, with the market now poised to continue its descent toward major demand.

TRADE SETUP 🔻 Short Trade Signal

Entry Zone: 2,309 – 2,325

Take Profit 1: 2,200

Take Profit 2: 2,124

Stop Loss: 2,340

Leverage: 10x

Risk Allocation: 2–3% of wallet

MARKET OUTLOOK

Momentum remains bearish after a failed breakout attempt and strong supply rejection. The trend on higher timeframes still favors sellers, and any weak bounce is being sold into. Key support at 2,200 may be tested soon if bearish pressure continues.

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buy and trade here on $ETH