$ETH /USDT BEARS EYE REVERSAL – RISING CHANNEL UNDER THREAT
$ETH has been climbing within a rising channel after rebounding from $3,770 support. However, price is now facing resistance around $3,820–$3,840 and showing signs of slowing momentum. A breakdown from the channel could trigger a short-term pullback toward support zones.
📊 Trade Setup (Short Entry)
Entry Zone: $3,805 – $3,820
Take Profit 1: $3,780
Take Profit 2: $3,750
Stop Loss: $3,855
📉 Market Outlook:
While the broader trend is stable, short-term momentum hints at potential weakness if resistance holds. A rejection from current levels could provide a healthy retracement before any bullish continuation.
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buy and trade here on $ETH