$ETH /USDT: Strategic Short Opportunity!🔥💯

Market Analysis:

Ethereum ($ETH /USDT) is displaying clear downward momentum after breaking key support levels. The brief consolidation near $3,400 signals potential for further downside.

Trade Setup:

🔹 Entry Point: $3,400 (current level)

🔹 Stop Loss (SL): $3,480 (above recent resistance)

🔹 Take Profit 1 (TP1): $3,320 (first key support zone)

🔹 Take Profit 2 (TP2): $3,250 (next major support)

Rationale:

1. Bearish engulfing pattern confirmed on the 1-hour chart.

2. RSI and MACD indicate weak recovery potential.

3. Risk-to-reward ratio is favorable for a short position.

Risk Management:

Keep position size moderate and adjust stop-loss levels if ETH/USDT breaches $3,450 resistance convincingly. Protect capital and follow your trading plan

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