$ETH /USDT SHORT TRADE SETUP
$ETH
ETHUSDT
Perp
2,955.49
+0.25%
is currently trading at 2,960.90, showing signs of local exhaustion after failing to sustain momentum near the 3,027.00 mark. The 15m chart indicates a rejection at higher levels with a series of red candles, suggesting that the recent recovery lacks the volume to break significant resistance. While the daily trend shows a slight gain of 0.76%, the immediate price action is bearish as it trends downward from its recent peak toward the 24h low of 2,904.11.
Target Points
TP1: 2,930.00
TP2: 2,915.00
TP3: 2,890.00
Stop Loss
Set stop loss above 2,985.00 to manage risk against a potential breakout or short squeeze.
Buy and Trade here on $ETH