ETH/USDT - 1H Bearish Setup Played Out Perfectly

Ethereum showed a clear rejection from the $2450 resistance zone on the 1H timeframe.

My Trade Plan:

Entry: $2450 - Short Entry after Resistance Rejection

Stop Loss: $2500 (Just above swing high - 2.04% Risk)

Take Profit: $2380 (Next Support Level)

Price followed the analysis and dropped straight to the target, giving a clean 1.4R Profit.

This is why patience at key resistance levels is important. Never chase the price, wait for confirmation.

What's your view on ETH now? Will it hold $2380 or go down to $2300? Let me know in comments.

#ETH #Ethereum #ETHUSDT #CryptoTrading #TechnicalAnalysis