$ETH

Ethereum is trading near ¥384,618 after a sharp rejection from ¥403,448. On the 1H chart, price is below MA(7) ¥384,720, MA(25) ¥388,229 and MA(99) ¥387,436, showing continued downside pressure. The recent bounce is still weak, so I’m watching the resistance zone for another rejection.

📍 Market Details:
1H Trend: Bearish
Current Price: ¥384,618

🛡️ Resistance:
¥387,400 / ¥388,200 / ¥389,400

💪 Support:
¥382,700 / ¥380,435 / ¥379,300

🎯 My Trade Map — SHORT
Entry: ¥384,800–¥386,000
TP1: ¥383,000
TP2: ¥382,700
TP3: ¥380,500
Stop Loss: ¥388,600

🔥 My Take:
If ETH/JPY fails to reclaim ¥387,400–¥388,200 and gets rejected from this zone, I expect another move toward ¥382,700 and potentially ¥380,500. A strong 1H close above ¥388,600 would invalidate this bearish setup.

⚠️ Trade with proper risk management. Not financial advice.

$ETH
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