📉 $ETH — Bearish Short Setup | Resistance Rejection Watch 🔻
SHORT 🔴
Entry Zone: $2,567–$2,612
Stop Loss (SL): $2,634
🎯 Take Profit:
- TP1: $2,521
- TP2: $2,428
- TP3: $2,290
📉 Market Analysis:
ETH is on watch for a potential bearish continuation, with overhead resistance possibly limiting further upside. According to the supplied analysis, the price is trading below the EMA 25 at $2,501 and EMA 99 at $2,586, suggesting that bearish pressure may remain in control.
Note: The stated entry zone is above both EMA levels, so the short setup depends on price moving into the entry range and showing rejection or renewed selling pressure. If sellers regain control, the first downside target is $2,521, followed by $2,428 and $2,290 if bearish momentum continues.
🔑 Key Level:
The $2,567–$2,612 entry zone is the key area to monitor for a potential rejection. A failure to break above resistance could support the bearish scenario, while a sustained move above the entry zone would require reassessing the setup.
⚠️ Risk Note:
Avoid opening a short blindly, especially after a strong price move. Wait for confirmation, manage position size carefully, and respect the $2,634 stop loss. Crypto markets can reverse sharply, so none of the targets is guaranteed.
Bearish bias if resistance rejects price and sellers regain control. 📉
Sell and Trade $ETH here 👇
DYOR.
SHORT 🔴
Entry Zone: $2,567–$2,612
Stop Loss (SL): $2,634
🎯 Take Profit:
- TP1: $2,521
- TP2: $2,428
- TP3: $2,290
📉 Market Analysis:
ETH is on watch for a potential bearish continuation, with overhead resistance possibly limiting further upside. According to the supplied analysis, the price is trading below the EMA 25 at $2,501 and EMA 99 at $2,586, suggesting that bearish pressure may remain in control.
Note: The stated entry zone is above both EMA levels, so the short setup depends on price moving into the entry range and showing rejection or renewed selling pressure. If sellers regain control, the first downside target is $2,521, followed by $2,428 and $2,290 if bearish momentum continues.
🔑 Key Level:
The $2,567–$2,612 entry zone is the key area to monitor for a potential rejection. A failure to break above resistance could support the bearish scenario, while a sustained move above the entry zone would require reassessing the setup.
⚠️ Risk Note:
Avoid opening a short blindly, especially after a strong price move. Wait for confirmation, manage position size carefully, and respect the $2,634 stop loss. Crypto markets can reverse sharply, so none of the targets is guaranteed.
Bearish bias if resistance rejects price and sellers regain control. 📉
Sell and Trade $ETH here 👇
DYOR.