$ETH /USDT BEARISH REVERSAL SIGNAL ON LOWER TIMEFRAME
Current Price: $3,674.16
Market Bias: Bearish
Timeframe: 1H/4H
KEY LEVELS:
Resistance Zone: $3,720 – $3,764 (Recent top, selling pressure visible)
Support Zone: $3,616 – $3,585 (Previous demand area)
Current Structure: Price has failed to hold above $3,700 psychological level and is forming lower highs
TRADE SETUP (SHORT):
Entry: Around $3,680 – $3,700 (On minor pullback)
TP1: $3,640
TP2: $3,600
TP3: $3,560
SL: $3,765 (Above recent swing high)
CONFIRMATION: Look for rejection candles or bearish engulfing pattern near resistance zone before entry.
RISK MANAGEMENT:
Use 1–2% of your capital per trade. Maintain R:R ratio of at least 1:2. Stick to your stop loss and avoid overtrading!
Stay sharp, trade safe & follow the trend! #CryptoTrading #ETHUSDT #TechnicalAnalysis #BearishSetup #Write2Earn $ETH