The chart shows that $ETH is at 4.387, very close to an important support at 4.382.
📉 Short term – Short Scenario
• The region between 4.387 – 4.350 is a short zone (as marked in red).
• If it loses 4.382, the next target is 4.350, then 4.300 – 4.280.
• Ideally, keep a short stop above 4.406 (EMA25) to protect the trade.
📈 Short term – Buy Zone
• If the price drops to 4.300 – 4.280, it enters a buy zone (green).
• This point has a higher chance of holding and generating a bounce.
• The target in this case would be a return to 4.350 – 4.380 in the short term.
🔑 Decision Point
• If it breaks below 4.382 → maintain short until 4.350 / 4.300.
• If it holds at 4.382 and reacts → can initiate a short buy aiming for 4.406 / 4.436.
👉 At this moment, as it is stuck at support, it is better to wait for the breakout (for short) or confirmation of reaction (for buy).