$ETH USDT – BEARISH PRESSURE BUILDING, SHORT OPPORTUNITY AHEAD
Ethereum faced rejection near $4,366 and is showing signs of selling momentum with consecutive red candles on the 1H chart. Buyers are losing strength as price struggles to hold above $4,280, hinting at a potential downside continuation.
Trade Setup (Short):
Entry Zone: $4,280 – $4,300
Take Profit 1: $4,220
Take Profit 2: $4,180
Stop Loss: $4,340
Market Outlook: If ETH breaks below $4,258 support, we could see accelerated selling towards $4,180. Short-term momentum favors bears unless $4,300 is reclaimed with strong volume.