🚨 $ETH

Downtrend Gains Momentum – $4,000 in Sight? 🚨

Ethereum is under heavy pressure, sliding below $4,350 and the 100h SMA. Bears are in control, and the charts suggest a possible drop toward $4,020 – $4,000 if support breaks.

📉 Key Levels

Resistance: $4,185 → $4,320 → $4,350 (trendline resistance)

Support: $4,065 → $4,020 → $3,850

🔎 Outlook

ETH failed to hold above $4,350, staying capped by bearish trendline resistance.

A drop below $4,020 could trigger a test of $4,000–$3,850.

Only a breakout above $4,350 may flip momentum, with upside targets at $4,385 → $4,500.

📊 Indicators

MACD: Bearish momentum strengthening

RSI: Below 50 → sellers dominant

⚠️ Bottom Line: ETH bears remain in charge. Unless $4,350 is reclaimed, the path of least resistance is down toward $4,000.

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