$ETH / Bearish Break Alert!
Trading at a price of $2,418, down -2.70%, and has broken below a key support area, indicating additional bearish pressure on the 4H chart.
🔻 Technical Analysis:
• Failed to reclaim resistance at $2,474
• Clear rejection from the mid supply area
• Structure break indicates that sellers are in control
🎯 Bearish Targets:
• TP1: $2,350
• TP2: $2,270
• TP3: $2,150
🛡 Stop Loss: Above $2,474
⚠️ Closing below $2,418 may accelerate the decline.
Momentum leans in favor of the bears.
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