๐จ $ETH Bounce Rejected โ Whatโs Next?
Ethereum tried to recover after dipping near $4,050, pushing back above $4,220, but the rally is facing heavy resistance.
๐ Bears are guarding the $4,350โ$4,380 zone, with a trendline resistance sitting right at $4,355. As long as ETH stays under this level, the upside looks shaky.
๐ Resistance Levels: $4,350 โ $4,380 โ $4,460
๐ Support Levels: $4,220 โ $4,200 โ $4,050 โ $4,000
โก If $ETH breaks above $4,460, momentum could flip bullish, opening doors to $4,500+ and even $4,565 in the short term.
But if the bounce failsโฆ ๐
A drop back below $4,220 could drag ETH to $4,200 โ $4,120 โ $4,050.
Losing $4,000 would confirm another bearish leg.
๐งพ Indicators:
MACD still weak in the negative zone
RSI holding above 50, showing neutral momentum
๐ Marketโs at a decision point โ breakout or breakdown. Stay alert!
#ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #CryptoNews #Ethereum #Altcoins #BTC