🔴 $ETH Ethereum has suffered a brutal breakdown on the 4H chart, smashing through support to hit a new low of 1,915.03 with heavy selling volume. The price is now trading well below the EMA(7) at 1,986 and the bearish Supertrend at 2,047, confirming strong downward momentum. While the RSI(6) is extremely oversold at 11.78, suggesting a potential dead cat bounce, the overall structure remains bearish, making any rally toward the 1,980-2,000 zone a prime opportunity to short.

Trade Setup
Entry: 1,930 - 1,921
Stop-Loss: 2,050
Targets: 1,915 - 1,850 - 1,800

Trade smart, protect your capital, and always manage your own risk. Personal analysis only not financial advice.

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