đETHUSDT 4H Market Update
⢠Trend: Bearish
⢠SMA (20): 2311.446
⢠Support: 2205.11
⢠Resistance: 2449.95
⢠Current Price: 2241.47
đStrategy:
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.
đ Don't forget to follow for more updates! & Your Future Eye
â ď¸ Not financial advice - always DYOR.
Click Here To Trade đ
⢠Trend: Bearish
⢠SMA (20): 2311.446
⢠Support: 2205.11
⢠Resistance: 2449.95
⢠Current Price: 2241.47
đStrategy:
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.
đ Don't forget to follow for more updates! & Your Future Eye
â ď¸ Not financial advice - always DYOR.
Click Here To Trade đ