$ETH
/USDT BEARISH TECHNICAL STRUCTURE – CORRECTIVE MOVE EXTENDING
$ETH/USDT is displaying a confirmed bearish shift after a sharp rejection from the higher supply zone. The inability to hold above previous range support has turned that area into resistance, signaling distribution and continued downside pressure. Market structure favors sellers unless a strong reclaim occurs.
Market Bias: Bearish
Trend: Lower highs forming after rejection
Momentum: Weak, sellers in control
🔻 SHORT TRADE SETUP
Entry Zone: 3,350 – 3,450 (pullback into resistance)
Targets (TP):
TP1: 2,850
TP2: 2,620
TP3: 2,450
Stop Loss (SL): 4,020 (above major resistance & structure invalidation)
📉 Technical Confluence
Rejection from higher timeframe resistance
Breakdown below key support level
Bearish structure confirmation
Weak recovery with declining momentum
⚠️ Risk Management
Limit risk to 1–2% per trade, take partial profits at TP1, and move stop to breakeven once targets begin to hit.
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