ETHUSDT.P (Ethereum Perpetual) with your trade opinion: sell now at 3866, stop loss 3994, target 3770.
Ethereum (ETHUSDT.P): Short Trade Opportunity
Market Snapshot:
- Current Price (Oct 18, 2025): Ethereum trades around $3,866–$3,893, having slid ~14% this month and showing signs of continued weakness after a failed attempt to hold above $4,000.
- Trend: The trend has turned bearish since August’s high (~$4,956), with ETH locked in a descending channel and consistently rejected at every bounce near $4,000–$4,100.
- Technical Levels:
- Support: $3,770 is a strong support level, previously acting as a reversal zone in October, and is your target for the current trade setup.
- Resistance: $3,994 is a recent swing high and resistance, making it a sensible stop loss limit to protect from price spikes.
- Moving Averages: ETH is trading below its 20- and 50-day moving averages, confirming short-term bearish momentum.
Opinion & Trade Setup:
- Sell ETHUSDT.P at $3,866.
- Stop Loss: $3,994 (just above resistance and recent swing high).
- Target: $3,770 (major support).
Rationale:
- Bearish Channel: Price continues to respect the downward sloping trendline, with rallies facing heavy selling above $3,900.
- Volume & Sentiment: Declining trading volume implies bulls are losing control, and repeated bearish candles add conviction to the short bias this week.
- Risk/Reward Calculation: The setup offers clean technical alignment with a risk of ~$128 and a potential reward of ~$96—adequate for short-term trending markets.
Quick Trade Table
| Entry | Stop Loss | Target | Risk-Reward |
|---|---|---|---|
| 3866 | 3994 | 3770 | ~1:1.33 |
Market Context:
- Ethereum faces global macro uncertainties and profit-booking. Bearish setups like this are favored unless there’s a surprise breakout above $3,994.
- If price breaks and closes above $3,994, trend momentum can quickly reverse, so strict risk management is required.
Summary:
Short ETHUSDT.P from $3,866 with a stop at $3,994 and a target of $3,770 is a technically sound trade. It captures the current bearish move and respects recent volatility and support/resistance dynamics.
If you’d like deeper technical charting or sentiment profiles to complement this trade analysis, let me know