🔍 Technical analysis $ETH
1. Current trend:
• Bearish since $4,794 with recent lows at $4,455.
2. Support and resistance:
• Support: $4,455 – $4,372.
• Resistance: $4,580 – $4,635.
3. Volume:
• Decrease after initial sell-off, signaling a pause before defining direction.
4. MACD:
• Negative, with no immediate reversal signals.
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✅ Conclusion:
• The price could retrace towards the resistance zone before resuming bearish pressure.
