$ETH /USDT STRUGGLES NEAR SUPPORT AS BEARS TEST MOMENTUM š
Ethereum is trading at $4,482, down -3.14% after failing to sustain above the $4,636 resistance. The price dipped toward the $4,445 low, holding just above the critical $4,400 support zone.
š Chart Outlook:
Support Zone: $4,400 ā $4,450 remains the key demand area for bulls.
Resistance Levels: First resistance sits at $4,585, followed by stronger hurdles at $4,645 and $4,700.
Indicators: EMA and MACD show short-term bearish pressure, while Bollinger Bands suggest volatility compression.
š Market Sentiment:
A break below $4,400 could trigger deeper downside toward $4,250 ā $4,300.
If bulls defend support, ETH may rebound toward $4,645ā$4,700, where a breakout could open the way to $4,850+.
š Current structure shows consolidation under pressure ā the next decisive move will come from how ETH reacts at $4,400 support.
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