Ethereum (ETHUSD) has hit a significant resistance zone between $4,300 and $4,340, and price action suggests sellers are stepping in after the recent bullish run.

$ETH

$XRP


🔹 Key Price Zones:

  • Resistance (Supply Zone): $4,300 – $4,340

  • Initial Support: $4,177

  • Demand Zone: $4,072 – $4,005

🔹 Market Outlook:

Ethereum is showing hesitation near the resistance zone, with selling pressure building. If the rejection holds firm, the market may pull back to $4,177. A breakdown below this level could drive price further down into the demand zone between $4,072 and $4,005.

🔹 Bearish Setup:

  • Entry Idea: After clear rejection from the supply zone

  • Target Levels: First $4,177, then $4,072

  • Invalidation: Stop loss above $4,345

🔹 Bullish Outlook:

If ETH breaks and holds above $4,345, that could shift momentum back to the bulls, potentially pushing prices past $4,400.


📍 Current Bias: Leaning bearish in the short term, unless there’s a strong breakout above $4,345.

#ETH4500Loading ? #CryptoOutlook #BinanceWatchlist #EthereumMoves #MacroCrypto