$ETH /USDT BEARISH RETEST AT MID-BAND — SELLERS LIKELY TO STEP IN
Ethereum rebounded from 4,060 but is now testing the mid-Bollinger Band resistance at 4,177. The recovery looks corrective, and unless ETH closes firmly above this zone, sellers are likely to re-enter, pushing price back toward recent lows.
Trade Setup (Short):
Entry Zone: 4,165 – 4,185
Targets (TP):
TP1: 4,120
TP2: 4,080
TP3: 4,040
Stop Loss (SL): 4,235
Market Outlook:
Momentum remains weak after the sharp drop, and the mid-band is acting as strong resistance. Failure to break above 4,177–4,235 will likely extend the bearish move toward the lower Bollinger Band at 4,040. A breakout above 4,235 would be the first sign of strength for bulls.
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