$ETH is showing signs of a possible bearish move on the 1-hour chart. 📉 According to CoreliquidityLab, price is heading toward a key supply zone at $4,755–$4,760, right after a Break of Structure (BOS) and Market Structure Shift (MSS) — a setup often seen before reversals.
🔍 Key Levels to Watch
🚫 Supply Zone: $4,755–$4,760 → Possible rejection area
🟢 Demand Zone: Around $4,300 → First strong support if price drops
🎯 Trade Idea: Wait for price to touch supply zone → Look for short setup → Target previous swing low
📌 What This Means
If sellers defend this supply zone, ETH could slide toward $4,300 in the short term. 📉 This isn’t a panic crash signal — just a controlled bearish setup that could play out quickly.
Short-term traders should stay patient, manage risk, and be ready for fast moves. The next few hours could decide ETH’s direction for the rest of August. ⚡