$ETH /USDT BEARS MAINTAIN PRESSURE AFTER SHARP SELL-OFF ⚠️
ETH/USDT is trading at $4,291 (-5.51%), sliding down from the $4,576 high and briefly touching $4,225 support. The price is attempting a minor recovery, but overall structure still favors sellers as lower highs continue to form. If bulls fail to reclaim $4,330, further downside pressure may persist.
Trade Setup:
Entry (Short): $4,290 – $4,320
Targets (TP): $4,250 / $4,225 / $4,180
Stop Loss (SL): $4,380
Market Outlook:
Ethereum is under heavy bearish sentiment with strong selling volume dominating intraday charts. While short-term bounces are possible, bears remain in control below $4,330. A break under $4,225 could accelerate downside momentum, while only a reclaim of $4,380 would shift bias back to bullish.
#ETH #USDT #Ethereum #Bearish #TechnicalAnalysis
buy and trade here on $ETH