$ETH USDT – SHORT TRADE SIGNAL AS MOMENTUM WEAKENS
REJECTION FROM $2,647 RESISTANCE
BEARISH MACD CROSS & DECLINING MOMENTUM
$ETH faced rejection at $2,647 after a sharp rally and is now forming lower highs. The price has dipped back to $2,610 with red candles on the hourly timeframe. MACD shows a bearish crossover and momentum loss, signaling short-term downside risk.
Trade Setup:
• Short Entry: $2,610 – $2,615
• Targets (TP): $2,573 / $2,553
• Stop Loss (SL): $2,631
Short Outlook:
Failure to reclaim $2,630 resistance keeps bears in control. Sustained trading below $2,600 may accelerate the drop.
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