š $ETH / USDT ā PRESSURE BUILDS NEAR SUPPORT š
Ethereum is struggling to reclaim strength after the sharp fall from $2879.
The 4H chart shows consistent lower highs with price stuck under all key MAs (7, 25, 99).
Despite a mild bounce from $2436, bulls have failed to close above the 7 MA ($2545) ā indicating continued weakness.
Bearish structure remains intact unless ETH can break and hold above the $2600ā$2620 zone.
Volume is declining and momentum is fading, signaling indecision in the current range.
šŗ Bulls need: A strong candle close above $2600 with volume confirmation.
š» Bears eye: A break below $2500, which could open the door to $2430 and even $2350.
š¼ Trading Plan:
Short Setup
⢠Entry: $2535 ā $2555
⢠Take Profits: $2480 / $2435 / $2350
⢠Stop Loss: $2605
Long Setup (Breakout Play)
⢠Entry: $2600 ā $2620 (after confirmation)
⢠Take Profits: $2680 / $2750 / $2840
⢠Stop Loss: $2530