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Mark my words … $ETH will go DOWN … once again price faced strong rejection from 2400 and bears are not giving free hands for any pullback … 100% it will follow my this given trade setup and it can easily go down again to 2260 and below
Set stop loss above 2410 !!!!! … this level is acting as a very strong resistance zone now
Use margin leverage carefully ! But liquidation should be above 2430
This is a SHORT trade
Sell zone is between 2300 – 2380
Targets are
2262
2215
2150
ETH already rejected multiple times from the 2400 area which confirms strong supply and seller dominance. Momentum is clearly bearish on lower and mid timeframes with heavy selling pressure after each pullback.
As long as price stays below 2375 – 2400 zone, downside continuation is expected.
If 2260 breaks with volume then next bearish leg will open very fast.
This setup is based on rejection and trend continuation.
Click below to Take Trade $ETH