$ETH Facing Pressure – Key Support at 4,500
Current Price: 4,548.71 (−1.82% today)
Ethereum is showing weakness after falling from the 4,663.93 high down toward the 4,467.63 low within 24 hours. The price is now sitting close to the critical 4,500 support zone, which will decide the next move.
Trade Setup
Entry Zone: 4,520 – 4,560
Target 1: 4,630
Target 2: 4,700
Target 3: 4,800
Stop Loss: Below 4,400
ETH needs to hold above 4,500 to avoid deeper correction. If bulls defend this level, a rebound toward 4,700 and above is possible. But if price breaks below support, more selling pressure could appear quickly.
Right now, ETH is at a turning point. Traders should watch the 4,500 level closely, as it is the key zone that will shape the next direction.