📉 $ETH 4H – Will the support at $4,400 hold? 🚨
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Ethereum is currently testing a key support area at $4,400 after retreating from recent highs. A break here could open the door for a deeper pullback towards the next Fibonacci levels.
📊 Technical Note:
• 4,400 = Critical support
• Breaking it directs attention to:
- 4,086 (0.5 Fib)
- 3,918 (0.618 Fib)
- 3,678 (0.786 Fib)
• Stoch RSI indicator is in the oversold zone = potential short-term rebound
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