Technical analysis by origami_capital33 about Symbol ETH: Sell recommendation (7/18/2025)

Ethereum just made a huge parabolic move and tapped into a key daily resistance zone around $3,676. Price is now reacting with a bearish candle on the 4H, suggesting a likely pullback. 🧠 Trade Idea: Short ETH/USD Entry: $3,495 (current level) Stop Loss: $3,676 (above resistance) Take Profit: $3,130 / $3,082 (support targets marked on chart) 📌 Commentary: ETH has been in a strong uptrend, but such parabolic rallies often retrace sharply once momentum fades. Given the strong rejection at daily resistance and the bearish 4H setup, I’m expecting a short-term retracement to the marked support levels. 📊 Watching price action closely near those zones for potential bounce setups. 🚨 Not financial advice. Always use proper risk management.