#CreatorPad Looking at your ETH/USDT 1h chart, here’s the quick technical breakdown:

Price Action: Strong rejection near 4,794 with a big red candle, heavy selling volume.

MA Levels: Price just tested the 99 MA (~4,454) and bounced, showing temporary support.

MACD: Bearish momentum still strong, histogram deep in red.

Volume: Selling spike suggests possible further downside unless buyers step in quickly.

Possible Trade Setup (Short-Term Intraday)

Entry: 4,580 – 4,600 (wait for minor pullback confirmation before entry)

Stop Loss (SL): 4,690 (above 7 MA resistance)

Take Profit (TP1): 4,460 (near MA99 support)

Take Profit (TP2): 4,355 (next major support)

Notes:

If ETH breaks 4,450 with high volume, a sharper drop toward 4,200 is possible. On the flip side, reclaiming 4,690 could invalidate the short setup and trigger a bounce.

If you want, I can also give you a swing trade setup in case ETH starts recovering from this drop.