$ETH SHORT TRADE SIGNAL š“
Ethereum has been rejected from the $4,671ā$4,736 resistance zone, forming a lower high and signaling potential downside continuation. Price is now testing immediate support at $4,566, and a breakdown could push it toward deeper levels. Sellers are active below $4,600, with strong supply keeping bulls under pressure.
Key Levels:
Resistance: $4,639 ā $4,671 ā $4,736
Support: $4,566, $4,455, $4,371
Breakdown Level: $4,566
Consolidation Zone: $4,455 ā $4,566
Trade Setup:
Entry Point: $4,560 ā $4,570
Stop Loss: $4,640
Take Profit 1: $4,455
Take Profit 2: $4,371
Margin: 2ā3% of wallet
Leverage: 10x
Market Outlook:
Bearish momentum is increasing after resistance rejection, and a clean break under $4,566 could accelerate selling toward $4,455 and $4,371. Sellers currently control the short-term trend. š
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