$ETH /USDT STRONG REJECTION NEAR 4900 – BEARS EYE DEEPER PULLBACK
Ethereum rallied aggressively but failed to sustain above 4,850–4,900, showing strong rejection at the top. Sellers have stepped in, and price is now turning lower with momentum favoring a corrective move. If weakness continues, ETH could slide toward the 4,360 demand zone.
Trade Setup (Short):
Entry: 4,680 – 4,720
Take Profit (TP): 4,520 / 4,420 / 4,360
Stop Loss (SL): 4,832
Market Outlook:
Momentum has shifted as buyers lost control at a key resistance. Unless ETH reclaims 4,800 quickly, downside pressure is likely to dominate with a possible retest of lower supports.