$ETH USDT short trade signal 🛑 🚦
BEARISH REVERSAL SETUP — SUPPLY ZONE REJECTION SIGNALS DOWNSIDE POTENTIAL 🔻
Ethereum has hit resistance near the $3,100 zone and faced an immediate rejection, forming a bearish engulfing pattern on the 30-minute chart. Price failed to sustain above the previous key zone and has now started pulling back — a sign of potential bearish continuation toward previous support.
🔴 Short Trade Setup:
Entry Point: 3,055 – 3,070
Stop Loss: 3,100
Take Profit Targets:
➤ TP1: 3,000
➤ TP2: 2,950
➤ TP3: 2,933
Margin: 2-3% of wallet
Leverage: 10x
📉 Market Outlook:
Short-term momentum has shifted to the downside after a clear rejection at resistance. Unless bulls reclaim 3,100 with strong volume, the market is likely to retest lower liquidity zones.
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