🚨 Ethereum in Trouble – $4,000 in Sight? 🔻
Ethereum is bleeding hard as the downtrend intensifies, slipping below $4,350 and trading under its 100-hour SMA. A bearish trendline is firmly capping ETH around $4,350–$4,385, making it the wall bulls must break.
🔑 Key Levels to Watch:
Resistance: $4,185 ➝ $4,320 ➝ $4,350–$4,385 (crucial breakout zone)
Support: $4,065 ➝ $4,020 ➝ $4,000 (psychological level) ➝ $3,850–$3,620 (danger zone)
📊 Technical Outlook:
MACD: Bearish momentum gaining strength
RSI: Below 50 → Sellers in control
Trend: Weak unless ETH reclaims $4,320–$4,350
⚠️ The Verdict: If ETH can’t break above $4,350, bears may drag it straight to $4,000, with deeper pain toward $3,850–$3,620 if momentum accelerates. On the flip side, a clean breakout above $4,385 could flip the script and ignite a rally to $4,500–$4,550.
🔥 Battle Zone: $4,350 – Win it or risk a freefall! 🚀 vs 🔻
Do you want me to also create a visual support & resistance chart for ETH with these levels?
