$ETH /USDT BEARISH MOVE LOOMING AS SELL PRESSURE BUILDS
Ethereum is currently trading at $4,236, showing weakness after failing to hold above the $4,278 (MA99) resistance zone. The candles are forming lower highs and lower lows, with the MA(7) trending below the MA(25) and MA(99), signaling continued bearish momentum. If buyers don’t step in soon, ETH could retest the $4,150–$4,100 support zone.
Trade Setup:
Entry (Short): $4,230 – $4,250
Targets (TP): $4,180 / $4,150 / $4,100
Stop Loss (SL): $4,290
Market Outlook:
ETH/USDT remains under short-term bearish pressure unless bulls reclaim $4,300 with strong volume. A breakdown below $4,150 could accelerate selling towards $4,100, while a recovery above $4,290 may open the way for a bounce.
#ETH #CryptoTrading #TechnicalAnalysis #Ethereum #USDT #Write2Earn $ETH