🚨... BREAKING ...
📉 *
$ETH /USDT 15m — Rejection Short*
*Price*: 2,318.39 USDT | +1.49%
*24h High*: 2,346.78 | *24h Low*: 2,278.38
*MAs*: MA(7) 2,315.09 | MA(25) 2,313.24 | MA(99) 2,312.57
💡 *Why Short*:
This candle is going down right now, this is a good chance.
1. *Failed Breakout*: Wicked to 2,327.05 then immediate red candle.
Sellers defended supply, couldn’t hold above 2,322.45.
2. *Wick Fill Play*: Big upper wick = liquidity grab.
Mean reversion back to MA(7) 2,315.09 is first target.
3. *Lower High vs 24h*: 24h high is 2,346.78. We rejected lower at 2,327.05. Trend of lower highs forming.
4. *Volume Dump*: Huge green volume on the spike, now red volume confirming sell pressure.
🎯 *Short Setup*:
*Entry Zone*: 2,318 – 2,325 on retest
*Target 1*: 2,315.09 MA(7)
*Target 2*: 2,313.24 MA(25)
*Target 3*: 2,304.61 liquidity pool
*Invalidation*: 15m close above 2,327.05 high
Wick + red follow-through = high probability pullback.
MAs stacked tight below for support.
Quick trade.
$ETH #Ethereum #Binance
#Crypto #Trading #Short #TechnicalAnalysis #Layer1
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⚠️ *Disclaimer*: TA for education only, not financial advice. ETH is volatile after spikes. Use stops, manage risk, DYOR.