$ETH is trading near $4,268 (-1.99%), drifting toward the lower Bollinger Band at $4,227. The middle band at $4,357 has flipped into resistance, while the upper band at $4,488 continues to limit bullish momentum. A recent rejection around $4,490 highlights ongoing selling pressure, with bears aiming to push ETH beneath the $4,200–$4,227 support zone.
📊 Trade Setup
Entry (Short): $4,260 – $4,280
Take Profit (TP): $4,210 / $4,150
Stop Loss (SL): $4,360
🔎 Market Outlook
A breakdown below $4,200 could expose $ETH to further declines, potentially testing the $4,000 psychological support. On the flip side, holding above $4,227 may spark a relief bounce toward $4,350–$4,400
