$ETH /USDT SHORT TRADE SIGNAL🔴

REJECTION FROM $2482 SWING HIGH

INTRADAY LOWER HIGH FORMED

BEARISH ENGULFING SETTING UP A RETRACEMENT 🔻

ETH is trading at $2,429.01, pulling back after failing to hold the breakout above $2,480. The price is forming a short-term distribution pattern with increasing sell pressure near $2,450.

Trade Setup:

• Entry Point: $2,430 – $2,445

• Stop Loss: $2,485

• Take Profit:

 🔻 TP1: $2,405

 🔻 TP2: $2,380

• Margin: 2–3% of wallet

• Leverage: 10x

Market Outlook:

ETH's recent bounce is stalling at resistance, suggesting a potential intraday correction before any bullish continuation. Sellers may take control if $2,420 breaks cleanly.

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