💸$ETH /USDT: Clear Head & Shoulders → bearish bias (short-term)

⏱Time Frame: 4h

📊Status: short

🗓09/23/2025

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🕯#ETH formed a clear Head & Shoulders pattern on the 4H chart.

⚫️The neckline was broken, confirming the bearish setup.

⚫️Price is currently retesting the neckline zone (4.20k–4.32k), which now acts as resistance.

⚫️A failed retest here increases the probability of a lower continuation.

🎯The measured move target points toward 3.8k–3.9k, aligning with a past resistance zone.

⚫️RSI showed bearish divergence at the head, and momentum remains weak.

⚠️Invalidation: A sustained reclaim above 4.32k–4.40k would negate this bearish scenario.

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