$ETH /USDT ā SHORT TRADE SIGNAL š“
REJECTION NEAR $3,832 TRIGGERS DUMP
MINOR BOUNCE FROM $3,677 LOW
Ethereum faced strong rejection below the $3,832 resistance, triggering a sharp drop that breached support around $3,771 and bottomed at $3,677.65. The current bounce appears weak and is struggling to reclaim $3,771, which has now flipped into resistance. As long as $ETH remains below this level, bears maintain control and further downside is likely.
Trade Setup:
ā¢ Entry Point: $3,735 ā $3,755
ā¢ Stop Loss: $3,775
ā¢ Take Profit 1: $3,690
ā¢ Take Profit 2: $3,645
Price structure suggests another leg lower if rejection near $3,771 holds. Ideal setup for intraday short traders.
#ETH #Ethereum #BinanceFutures #CryptoSignal #Write2Earn $ETH