$ETH /USDT – Short Trade Entry Opportunity! 🔥💯
$ETH has failed to hold above the breakout zone near $2,474 after a strong rally, forming a bearish rejection wick and breaking back below support on the 15-minute chart. This fakeout signals a potential reversal, offering a short entry with favorable risk-to-reward.
Entry: 2,469
Target 1: 2,411
Target 2: 2,405
Target 3: 2,386
Stop Loss: 2,504
Risk Management:
Use 3–5% of your total capital for this trade. Consider shifting your stop-loss to breakeven once Target 1 is achieved to protect capital.
Pro Tip:
Monitor price reaction at the $2,450–2,460 area. Continuation of lower highs and strong bearish candles will add conviction to this short setup.
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