$ETH ETH/USD – Supply Zone Faces Rejection, Possible Price Dip 🤔🙄
Ethereum’s recent rally has hit a wall in the $4,300–$4,340 supply zone, where early bearish signals are emerging.
📊 Key Levels:
Resistance (Supply Zone): $4,300 – $4,340
First Support: $4,177
Demand Zone: $4,072 – $4,005
🔍 Market Overview:
ETH is finding it difficult to break above the supply zone as sellers hold their ground. If the rejection continues, price may retreat toward $4,177. A decisive drop below that support could send ETH further down toward the $ETH 4,072–$ETH 4,005 demand zone.
📉 Bearish Outlook:
Entry: After confirmed rejection at the supply zone
Targets: $4,177 → $4,072
Stop Loss: Above $4,345
📈 Bullish Outlook:
If ETH breaks and stays above $4,345, momentum could shift back to buyers, potentially aiming for levels above $4,400.
📌 Bias: Short-term bearish unless price closes strongly above $4,345.
#ETH4500Next? #BinanceAlphaAlert $#crypto In401k #USFedNewChair #USFedBTCReserve
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