**Entry:** Suggest initiating a sell limit order at $3712.
**Stop Loss (SL):** Set the initial stop-loss at $3725, with a contingency plan for a worst-case scenario at $3735.
**Take Profit (TP):** - First Target: $3709 - Second Target: $3705 - Third Target: $3700
**Rationale:** This trade strategy involves placing a sell limit order at a strategic level, anticipating a bearish movement in Ethereum's price. The initial stop-loss is set to manage risk, with an additional worst-case stop-loss to account for unexpected market movements. Take-profit targets are strategically placed to capture potential downside movement. This trade aligns with the current market sentiment on Ethereum and offers a favorable risk-reward profile.
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As always, adjust position sizes according to individual risk tolerance and closely monitor market conditions throughout the trade duration.