#ETH#

💡 Strategy by @rajatraderking:
Wait for a confirmed breakout. Don't rush into longs. If ETH rejects again, we may revisit support or even drop further. Stay sharp!
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📊 ETH/USDT 15-Min Chart Breakdown
🕒 Timeframe: 15 Min
📉 Current Price: $3,644.90
📉 Daily Change: -3.87%

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🚨 False Long Trap Alert?
Ethereum showing signs of a short-term bounce, but don’t get fooled!

📌 We’re watching a classic liquidity trap forming.
A small upside movement of 20–30 points is possible from here — but beware! That’s just bait for early long entries.

🧱 Strong Resistance Ahead
If ETH faces rejection near $3,670–$3,680 (MA 10 & MA 5 zones), we could see another leg down, possibly retesting the $3,620 level.

📈 Breakout Confirmation Zone:
Only a clean breakout and hold above $3,700–$3,710 will give bulls real strength to target $3,739+ or even $3,759+.

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🔍 Key Levels to Watch

Resistance: $3,670 – $3,710

Support: $3,621 (already tested), then $3,600

Breakout Target: $3,739 – $3,759

Trap Zone: Between $3,644 and $3,670

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🧠 Smart Strategy:
Wait for a confirmed breakout. Don’t jump into longs too early — this bounce could be a bull trap! Set tight stop-loss if you're testing entries.

💬 “Don’t let fake pumps drain your capital. Watch resistance, act smart.”