📉 Ethereum Weakens – Key Support Zone in Focus


$ETH is losing steam as sellers take control again. After slipping below $4,600 and $4,500, Ethereum is now testing crucial support near $4,250.


đŸ”č Current Setup:

ETH trading below $4,450 and the 100-hour SMA

A clear downtrend line forming near $4,385 on the hourly chart

Bears remain active around $4,380–$4,450

If ETH fails to reclaim $4,450, momentum could stay bearish. Key supports sit at $4,320 and $4,270 — with a possible drop toward $4,250–$4,150 if these break.


đŸ”č Recovery Scenario:

A clean breakout above $4,510 (50% Fib level) could fuel upside toward $4,570, then $4,640–$4,720.

📊 Indicators:


MACD: Gaining bearish momentum

RSI: Below 50, showing weakness

📉 Support: $4,320

📈 Resistance: $4,450


Short-term trend: Bearish, but watch for a bounce near $4,250.


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