๐จ Donโt Buy ETH Until You See This $4,200 Setup ๐จ
$ETH | ETHUSDT | Perp
ETH is brewing a make-or-break move at the $4,200 zone โ and the next candles could set the tone.
โ Why $4,200 Matters
Key demand area: $4,150โ$4,200
Hold it โ potential bounce
Lose it โ momentum shifts bearish
๐ Technical Check
RSI cooling โ buyers losing steam
MACD still bullish but momentum fading
Volume weak on bounces โ conviction lacking
๐ฅ Scenarios to Watch
Bullish: Above $4,300 โ push toward $4,450โ$4,500
Bearish: Below $4,150 โ slide toward $4,000โ$3,950
Sideways: Range chop $4,150โ$4,300
โ Extra Caution
ETF selling pressure building
Whales sending ETH to exchanges
Open interest cooling off
๐ Quick Take:
This is a decision zone, not a breakout. Wait for confirmation.
โ Bullish if ETH reclaims $4,300 w/ strong volume
โ Bearish if $4,150 breaks on heavy selling