🚨 Ethereum Short Setup: Triple Top in Play! 🚨
🔎 Market Insight:
Ethereum ($ETH) is approaching a triple top resistance zone, a classic pattern that could signal a bearish reversal. As market conditions align, traders are eyeing a high-risk, high-reward short opportunity.
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ETH Short Strategy: The Playbook
Entry Range: $3,480–$3,490
Stop Loss: $3,566
Target: $3,300
Why This Trade?
Triple Top Resistance: A critical level that could cap bullish momentum and trigger a reversal.
Bearish Momentum Potential: Breaking below the $3,460 zone could accelerate downward movement.
Macro Events: External market factors, including potential shifts in sentiment and trends, are amplifying this setup.
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⚠️ Risk Management Is Key
Tight stop-loss levels ensure limited downside risk.
Monitor $3,300 for profit-taking, as this is a key support zone.
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📢 Will this be the classic short trade of the season? Are you riding the wave or staying cautious? Let us know your strategy!
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