📊ETHUSDT 4H Market Update
• Trend: Bearish
• SMA (20): 2467.1375
• Support: 2313.39
• Resistance: 2563.95
• Current Price: 2340.91
📈Strategy:
Price is trading in the discount zone below the 20 SMA, maintaining a bearish bias. The support at 2313.39 is a critical level; a break below could accelerate downside towards the take profit at 2235.56905. Conversely, a bounce from support may lead to a retest of resistance at 2563.95. Risk management is essential given the tight range.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bearish
• SMA (20): 2467.1375
• Support: 2313.39
• Resistance: 2563.95
• Current Price: 2340.91
📈Strategy:
Price is trading in the discount zone below the 20 SMA, maintaining a bearish bias. The support at 2313.39 is a critical level; a break below could accelerate downside towards the take profit at 2235.56905. Conversely, a bounce from support may lead to a retest of resistance at 2563.95. Risk management is essential given the tight range.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇