Ethereum
$ETH recently flushed down to 3,790 before bouncing back toward 3,875. Despite the rebound, the overall market structure remains heavy, with price trading below the 4H moving average cluster and momentum still tilted bearish. The recent sell-off came with strong liquidation volume, signaling caution for bulls.
Possible Trade Scenarios
Long Setup (If Support Holds)
Entry Zone: 3,860 – 3,900
Target 1: 4,020
Target 2: 4,180
Stop Loss: 3,750
If Ethereum can hold the 3,780 – 3,800 support zone, buyers may attempt a relief rally. A reclaim above 4,020 would flip momentum back toward recovery.
Short Setup (If Support Breaks)
Entry Zone: 3,760 – 3,790 retest
Target 1: 3,630
Target 2: 3,480
Stop Loss: 3,840
If the 3,780 floor cracks, it opens the door for deeper downside with sellers eyeing the next supports at 3,630 and 3,480.
Conclusion
ETH is at a make-or-break level. Bulls must defend the 3,780–3,800 zone to prevent further downside, while a decisive break lower could accelerate losses quickly. Only a clean reclaim above 4,020 would shift bias toward recovery and bullish momentum.
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