$ETH Ethereum (ETH/USDT) Analysis – 4H & 1D Time Frames
Ethereum is currently in a Bearish Flag Pattern, which typically signals a continuation of the previous downtrend. Both the 4-hour (4H) and daily (1D) charts confirm this bearish structure.
🔹 Key Levels to Watch
Resistance Zone: $2,145 - $2,210
Support Levels: $1,825 - $1,750
📉 Sell Setup & Trade Plan
🔸 Entry Price:
Sell around $2,000 - $2,010 (Current market price or at a minor pullback)
🔹 Stop Loss (SL):
Above $2,145 - $2,210 (To protect from a false breakout)
🔻 Take Profit (TP) Targets:
First TP at $1,825 (Key support level)
Second TP at $1,750 (Deeper target if selling pressure continues)
📊 Risk Management & Confirmation
Risk-to-Reward Ratio (RRR): 1:2 or better
Trade Confirmation:
Price must break below $1,975 with increased volume.
A weak bullish reaction at resistance (showing sellers are strong).
📌 Summary
✅ ETH is currently under a strong resistance zone ($2,145 - $2,210).
✅ If the Bearish Flag pattern breaks down, ETH could decline towards $1,825 - $1,750.
✅ Strict risk management is required, as a breakout above $2,210 could invalidate the setup.
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