#MatrixFamily listen to me carefully… $ETH is breaking down, and bears are gaining control on the 4H chart.
Entry Range: $2,370 – $2,390
Stop Loss: $2,435
Targets:
TP1: $2,350
TP2: $2,325
TP3: $2,300
$ETH is showing a clear bearish structure with lower highs and continued selling pressure. After failing to sustain recovery attempts near $2,425, price has dropped toward $2,370, putting the $2,350 support zone under pressure.
If sellers maintain control and ETH breaks below $2,350, further downside toward $2,325 and $2,300 becomes possible. A rejection from the entry zone could provide another short opportunity, but confirmation is important before entering.
Invalidation: A strong 4H candle close above $2,435.
Entry Range: $2,370 – $2,390
Stop Loss: $2,435
Targets:
TP1: $2,350
TP2: $2,325
TP3: $2,300
$ETH is showing a clear bearish structure with lower highs and continued selling pressure. After failing to sustain recovery attempts near $2,425, price has dropped toward $2,370, putting the $2,350 support zone under pressure.
If sellers maintain control and ETH breaks below $2,350, further downside toward $2,325 and $2,300 becomes possible. A rejection from the entry zone could provide another short opportunity, but confirmation is important before entering.
Invalidation: A strong 4H candle close above $2,435.