🔍 $ETH Breakdown Setup: A Technical Case for Patience and Precision

Ethereum is showing signs of potential weakness — but this is not a moment to jump in blindly. It’s a moment to understand structure, wait for confirmation, and act with precision.

On the 4H chart, $ETH is pressing against a key daily-level horizontal resistance near $2,460, while also riding up a rising trendline from below. This setup resembles a rising wedge, a pattern that often breaks to the downside when momentum fades.

What we want to see:

⚠️ A strong bearish candle closing below the blue trendline

🔁 A retest from below that confirms prior support turning into resistance

📉 If this unfolds, it opens up a clean downside move toward the $2,200 support zone, a level clearly marked by previous demand

Adding to the bias, the RSI is making lower highs while price remains flat — a clear sign of bearish divergence and slowing momentum.

📚 Trading Lesson:

This is how smart setups are built — by combining structure (resistance + trendline), confirmation (candle close and retest), and momentum (RSI). No guessing, no front-running. Let the chart speak.

If the breakdown and retest play out, the short becomes valid. If not — no trade.

This is not a recommendation. Do Your Own Research.

✅ Discipline first.

🧠 Structure-driven decisions.

🎯 Probability-based execution.

#Ethereum #CryptoTrading #PriceAction #TechnicalAnalysis #SmartTrading