🔴 ETH/USDT Supply Rejection! SELL Setup Activated!
👨💻 Dear traders,
ETH/USDT is showing signs of rejection from a key supply zone near $3,775–$3,805 on the 1H chart. Price is stalling below resistance, hinting at a possible downside correction.
Bias – Bearish (Intraday Setup)
🎯 Target 1 – $3,715
🎯 Target 2 – $3,685
🎯 Final Target – $3,650
🛑 Stop Loss – $3,810
📊 Reasoning:
– Price tapped a clean resistance/supply zone
– Two yellow arrows signal projected downside pressure
– Strong rejection wicks and bearish candles forming
– Red zone shows ideal stop-loss area above supply
– Clean R:R setup for short-term sellers
– Momentum fading as buying pressure exhausts
⚠ Be patient. Wait for confirmation before entering short!
👨💻 Dear traders,
ETH/USDT is showing signs of rejection from a key supply zone near $3,775–$3,805 on the 1H chart. Price is stalling below resistance, hinting at a possible downside correction.
Bias – Bearish (Intraday Setup)
🎯 Target 1 – $3,715
🎯 Target 2 – $3,685
🎯 Final Target – $3,650
🛑 Stop Loss – $3,810
📊 Reasoning:
– Price tapped a clean resistance/supply zone
– Two yellow arrows signal projected downside pressure
– Strong rejection wicks and bearish candles forming
– Red zone shows ideal stop-loss area above supply
– Clean R:R setup for short-term sellers
– Momentum fading as buying pressure exhausts
⚠ Be patient. Wait for confirmation before entering short!
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JOIN MY TELEGRAM SIGNAL ROOM 👇👇
t.me/+34ueMgSmKoM5ODc8
For Gold: 👇👇
t.me/+34ueMgSmKoM5ODc8
t.me/+34ueMgSmKoM5ODc8
For Gold: 👇👇
t.me/+34ueMgSmKoM5ODc8
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.