š» $ETH /USDT ā Rejection Confirmed, Short in Progress!
$ETH failed to hold above the $2,510ā2,524 resistance zone and has dropped sharply to $2,451.75 (-1.93%). A clean lower high + breakdown structure shows sellers in full control.
š Trade Setup (SHORT):
Entry: $2,505 ā $2,515
Target: $2,440
Stop Loss: $2,525
š Technical Insight:
Bearish engulfing after a strong rejection at resistance confirms downside pressure. Next key support lies near $2,440, with potential for deeper continuation.