🔻 #Ethereum Weakness Deepens – Can $4K Hold the Line?

Ethereum is sliding lower after losing grip on $4,350, with sellers firmly in control. The recent drop has $ETH trading beneath its key moving average, showing that bearish pressure is picking up.

📉 Current Setup

ETH slipped below $4,350 and $4,220, extending losses.

A rejection around $4,350 resistance is visible on the hourly chart.

Price is consolidating near $4,065 after testing fresh lows.

⚠️ Bearish Outlook

If ETH breaks under $4,120, the sell-off could stretch toward $4,020 — and even the psychological $4,000 level. Failure to hold there opens the door toward $3,850, with $3,620 as deeper support.

🔑 Resistance to Watch

Minor bounce resistance: $4,185

Key hurdle: $4,320–$4,350 zone

A close above $4,385 could flip momentum and trigger a push back toward $4,500–$4,550.

📊 Indicators

MACD remains in the red, signaling downside momentum.

RSI is stuck below 50, showing weak buying pressure.

👉 Takeaway:

ETH is in the danger zone. Until bulls reclaim $4,350, bears remain in charge with eyes locked on $4K.

#BinanceHODLerPLUME #ETHInstitutionalFlows #PowellWatch #MarketPullback