Hey Binance Square Fam! 👋

Looking at the current **$ETH** 4-hour chart in **TradingView_Screenshot_1781077759022~2.jpg**, Ethereum has been facing steady selling pressure over the last few days, but we are finally seeing some interesting signs of stabilization around a key support region.

Here is my quick technical breakdown and a potential scalp/swing setup I'm tracking! 👇

### **🔍 Technical Breakdown**

* **The Downtrend:** After breaking below the **$1,645** resistance zone, ETH found a local bottom just under **$1,630** (hitting a low around **$1,629.76**).

* **Current Action:** The price is consolidating right around the **$1,636.56** level. We are seeing a cluster of small-bodied candles, showing that the aggressive selling pressure is exhausting and buyers are starting to step in.

* **Risk/Reward Setup:** As marked by the long position tool on **TradingView_Screenshot_1781077759022~2.jpg**, a tight-risk long setup is forming as the price builds a base.

### **🎯 Trading Setup & Key Levels to Watch**

* **🟢 Entry Zone:** Around current levels (**$1,635 - $1,636**) or on a successful retest of the minor local support.

* **🔴 Stop Loss (SL):** Tight invalidation just below the local swing low at **$1,629**. If it breaks this structure, the next major downside target is sitting all the way down at **$1,612**.

* **🚀 Take Profit (TP):** The primary target is the overhead liquidity and previous structure breakdown point at **$1,645.73**. A clean break above this could spark a quick run back to **$1,674**.

$ETH 💡 Summary Sentiment**

This is a high-probability, low-risk scalp structure. By keeping the stop loss incredibly tight right below **$1,629**, the risk-to-reward ratio looks highly favorable for a quick bounce back up to the minor resistance ceiling.

**What are your thoughts, creators?** Are you buying this micro-dip, or do you expect ETH to break lower toward the $1,612 demand zone? Let me know in the comments! 👇

#ETH #Ethereum #CryptoTrading #TechnicalAnalysis #BinanceSquare