*๐ง Ethereum Breakdown? Head & Shoulders Pattern Flashing Bearish Signal ๐โ ๏ธ*
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๐ *Current Price:* *2,487.11* (โ3.37
Ethereum just broke below a key neckline on the 4H chart โ a classic *Head Shoulders* pattern is now active. Traders, take note ๐
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๐ง *Pattern Breakdown:*
- *Left Shoulder:*2,630 zone
- *Head:* ~2,730 peak
- *Right Shoulder:*2,600 lower high
- *Neckline:* Broken near 2,500 = *Bearish trigger*
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๐ *Trending Signals:*
โ ๏ธ *Bearish structure confirmed* below neckline
๐ *MACD bearish cross* on 4H
๐ป *RSI slipping under 45* โ selling pressure increasing
๐ง *Volume rising on breakdown* โ confirms the move
โ
๐ฏ *Targets to Watch:*
- *TP1:*2,350 โ short-term support
- *TP2:* 2,250 โ full breakdown target from head height
- *Support Zone:*2,200โ2,250 (watch for bounce)
- *Invalidation:* Reclaim of 2,550 with strong volume
โ
๐ฎ *Prediction Analysis:*
ETH may face further downside unless bulls reclaim the2,500โ2,550 zone quickly. A deeper dip toward $2,250 is in play. However, oversold bounces are likely on the way down. Traders should watch volume + RSI for confirmation ๐๐
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โก *Stay alertโETH's next big move could unfold fast!* โณ๐ฅ
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