$ETH /USDT – BEARS PRESSURING SUPPORT AS VOLATILITY INCREASES
Ethereum has faced repeated rejections near $4,788 and is now trading around $4,721 after failing to sustain upward momentum. The pattern shows increased selling pressure at resistance with lower highs forming, suggesting a potential retest of support if buyers don’t step in soon.
Trade Setup (Short Bias):
Entry Zone: $4,725 – $4,735
Take Profit 1: $4,705
Take Profit 2: $4,680
Stop Loss: $4,755
Market Outlook:
Momentum is leaning bearish in the short term as ETH struggles to break past resistance levels. A clean break below $4,708 could accelerate downside toward the $4,680 zone. Bulls will need a strong push above $4,760 to regain control.
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buy and trade here on $ETH