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💰 Current Price: $4,473.36
📉 24h Change: -3.04%
📊 Resistance: $4,783 (ATH)
📊 Support: $3,700 – $3,800
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🔎 Technical Breakdown
1️⃣ ATH Rejection – $ETH couldn’t hold above $4,783, hinting at a pullback.
2️⃣ Overbought Signals – RSI(6) = 88.47, RSI(8) = 85.07, Stochastic K = 91.26 → all point to correction.
3️⃣ Momentum Weakening – Bearish divergence spotted in MACD + low pump volume.
4️⃣ Sentiment Risk – High funding rates + over-bullish mood = risk of a "long squeeze."
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🎯 Trade Setup (Short Idea)
Entry Zone: $4,470 – $4,500
Take Profit (TP): $3,700 – $3,800
Stop Loss (SL): $4,800
👉 Potential R/R = 1:6, but remember: long-term $ETH trend is still bullish. Manage risk, use stop-losses!
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💡 Question for You: Will ETH dump toward $3,700 or bounce back fast? Comment below!