$WBETH /USDT – Bearish Rejection from Resistance ⚠️
After testing the $3,490–$3,500 resistance zone, WBETH failed to sustain upward momentum. Current structure shows signs of exhaustion with lower highs forming — indicating potential bearish continuation in the short term.
📉 Short Setup Idea:
Entry Zone: $3,420 – $3,480
Targets:
🎯 TP1: $3,250
🎯 TP2: $3,100
🎯 TP3: $2,950
Stop Loss: $3,525 (above local resistance)
🔹 Key Levels:
Major Resistance: $3,500
Immediate Support: $3,320
Break Below: $3,250 = Strong Bearish Momentum
🧠 Outlook:
Price structure suggests a bearish reversal pattern forming. Watch for a clean break below $3,320 for confirmation — could open doors toward the $3,000 psychological level.
⚡Trend Bias: Short-Term Bearish
📊 Strategy: Short the bounce, protect capital with tight SL.
