$ETH Faces Strong Rejection After Explosive Pump — Short Trade Active 🔻
Short Trade Signal (Day Trade):
Sell Zone: 3390–3460
TP1: 3340
TP2: 3280
TP3: 3210
SL: 3560
Leverage: 20–50x (risk 1–2%)
Open Trade in Future👇🏻
Open Trade in Spot👇🏻
Spot Traders: If you missed selling the top, avoid chasing here. Fresh spot buying is only safer again near $ETH 3200–3150 strong support zone.
Why This Trade:
ETH just made a vertical breakout from 3070 straight into the 3390–3420 heavy resistance zone, where price is already showing rejection. This kind of fast candle usually invites profit-taking and short-term pullback. On the higher timeframe, ETH is still trading inside a broader corrective structure, not a confirmed new uptrend yet. Fundamentally, there is no fresh ETF or major Ethereum network catalyst supporting a straight continuation move. Market sentiment flipped extremely bullish in one hour after the pump, which often creates a short-term trap for late buyers. A controlled pullback toward lower liquidity zones is the high-probability move now.
Trade smart, protect capital, and respect your stop-loss. If you’re not following Token Talk, you’re making a mistake.