The price is trading $ETH Currently located within the resistance zone of 4750-4995, an area that has long been a significant source of supply. On the 4-hour chart, the RSI is entering overbought territory, while the candles show upper wicks, indicating potential exhaustion of buyers.
If the price fails $ETH If the pair closes above 4995 with strong momentum, a bearish corrective move could occur before any attempt to continue.
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📉 Preparing for sales
Entry area: 4750-4995
TP1: 4550
TP2: 4350
TP3: 4200
Stop Loss: 5050
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💡 Note: A confirmed breakout above 5050 could invalidate the sell setup, opening the way for a move towards 5200+.