📊ETHUSDT 4H Market Update
• Trend: Bearish
• SMA (20): 2311.446
• Support: 2205.11
• Resistance: 2449.95
• Current Price: 2241.47
📈Strategy:
Price is currently trading in the Discount Zone below the 20 SMA, favoring a bearish continuation. The 4H swing low at 2205.11 acts as immediate support, while resistance at 2449.95 caps upside. A break below 2205.11 could accelerate selling toward the calculated take profit at 2140.60. Wait for a retest of resistance or a breakdown of support before entering short positions.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bearish
• SMA (20): 2311.446
• Support: 2205.11
• Resistance: 2449.95
• Current Price: 2241.47
📈Strategy:
Price is currently trading in the Discount Zone below the 20 SMA, favoring a bearish continuation. The 4H swing low at 2205.11 acts as immediate support, while resistance at 2449.95 caps upside. A break below 2205.11 could accelerate selling toward the calculated take profit at 2140.60. Wait for a retest of resistance or a breakdown of support before entering short positions.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇