š $ETH /USDT ā Heavy Selling Pressure
$ETH is trading at 4,367.40, down 5.37%, after rejecting the 4,616 resistance. The chart shows a strong bearish wave, with sellers driving price close to the 4,363 daily low. If this level breaks, further downside momentum is likely.
š Key Levels:
š« Resistance: 4,440 ā 4,480
š Support: 4,360 ā 4,300
ā ļø Breakdown Trigger: Below 4,360
š Bearish Trade Setup:
Entry Zone: 4,365 ā 4,400
šÆ Target 1: 4,320
šÆ Target 2: 4,280
šÆ Target 3: 4,200
š Stop Loss: Above 4,460
š” Pro Tip: Watch the 4,360 support zone closely ā a confirmed candle close below it could open the door for sharper declines.