$ETH /USDT – Short Setup in Play
Ethereum has failed multiple times to break above the $4,680–$4,700 resistance zone and has now dropped sharply below $4,600. The strong bearish candle suggests sellers are in control, and unless buyers reclaim $4,650, the downside looks more likely.
Key Levels
Resistance: $4,650 – $4,700
Support: $4,520 – $4,480
Short Entry Zone: $4,600 – $4,620
Targets:
TP1: $4,560
TP2: $4,520
TP3: $4,480
Stop Loss: $4,670
Tip: Wait for a slight pullback toward $4,600 for a better entry rather than chasing after the drop.
