Ethereum
Short

ETH/USD SHORT Setup - Supply Rejection Confirmed!

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๐Ÿ”ด ETH/USDT Supply Rejection! SELL Setup Activated!

๐Ÿ‘จโ€๐Ÿ’ป Dear traders,
ETH/USDT is showing signs of rejection from a key supply zone near $3,775โ€“$3,805 on the 1H chart. Price is stalling below resistance, hinting at a possible downside correction.

Bias โ€“ Bearish (Intraday Setup)

๐ŸŽฏ Target 1 โ€“ $3,715
๐ŸŽฏ Target 2 โ€“ $3,685
๐ŸŽฏ Final Target โ€“ $3,650
๐Ÿ›‘ Stop Loss โ€“ $3,810

๐Ÿ“Š Reasoning:
โ€“ Price tapped a clean resistance/supply zone
โ€“ Two yellow arrows signal projected downside pressure
โ€“ Strong rejection wicks and bearish candles forming
โ€“ Red zone shows ideal stop-loss area above supply
โ€“ Clean R:R setup for short-term sellers
โ€“ Momentum fading as buying pressure exhausts

โš  Be patient. Wait for confirmation before entering short!

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