$ETH
– CRITICAL ZONE RETEST
Ethereum slid from $4,340 to a low of $4,133, now stabilizing around $4,176 after a sharp intraday drop of -3.5%. The rejection above $4,300 highlights strong selling pressure, while the bounce from $4,130 shows buyers still defending key support.
Immediate resistance sits at $4,200 – $4,220, and a break above this could open the way toward $4,280 – $4,340 again. On the downside, holding above $4,130 is crucial; losing it may trigger a slide toward $4,000 – $3,950.
Trade Setup:
Entry: $4,160 – $4,200
Target 1: $4,280
Target 2: $4,340
Stop Loss: Below $4,120
ETH is at a make-or-break point — either bulls reclaim momentum above $4,200 or bears push for a deeper pullback.