Hey #BinanceSquareFam! đ
$ETH just got rejected at its All-Time High ($4,783), and signs are pointing toward a possible -10% correction. Letâs break it down đ
đ Market Snapshot:
Price: $4,473.36
24h Change: -3.04%
Resistance: $4,783 (ATH)
Support: $3,700 â $3,800
đ Key Signals:
1. â ïž ATH Rejection â Failed to hold new highs â classic pullback setup.
2. đ Overbought â RSI(6) at 88.47 & Stoch K above 90 đ©
3. đ Bearish Divergence â Weak volume + fading momentum.
4. đ° Crowded Longs â High funding rates = risk of long squeeze.
đŻ Trade Setup (Short Idea):
Entry: $4,470 â $4,500
Target: $3,700 â $3,800
Stop Loss: $4,800 (above ATH)
â ïž Note: Short-term bearish only. Long-term $ETH is still bullish đ.
đ Do you think ETH dips to $3,700? Or will bulls defend the level?
Drop your thoughts âŹïž
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#Crypto $ETH #Trading #Bearish #BinanceSquare #Altseason

