$ETH Rejection Setup!!! Strong resistance after an impulsive rally. Short Now With 10x Leverage In Futures...📉
Entry Zone: $1,875 - $1,882
TP 1: $1,865
TP 2: $1,850
TP 3: $1,824
TP 4: $1,800
SL: $1,900
Setup Logic:
Price has rallied sharply and is now testing a strong resistance zone around $1,880-$1,895.
The latest 1H candle shows rejection near local highs, indicating buyers are losing momentum.
A pullback after such an impulsive move is common before the next trend continuation.
Failure to break above $1,895 could trigger profit-taking and push price toward the support zone.
Risk-to-reward remains favorable for a short-term short position.
Don't over leverage or revenge trade, protect capital and manage risk properly. Market always gives new opportunities.
Entry Zone: $1,875 - $1,882
TP 1: $1,865
TP 2: $1,850
TP 3: $1,824
TP 4: $1,800
SL: $1,900
Setup Logic:
Price has rallied sharply and is now testing a strong resistance zone around $1,880-$1,895.
The latest 1H candle shows rejection near local highs, indicating buyers are losing momentum.
A pullback after such an impulsive move is common before the next trend continuation.
Failure to break above $1,895 could trigger profit-taking and push price toward the support zone.
Risk-to-reward remains favorable for a short-term short position.
Don't over leverage or revenge trade, protect capital and manage risk properly. Market always gives new opportunities.