$ETH Bulls Under Pressure?
Ethereum is showing some weakness after failing to hold the $2,520–$2,530 resistance zone.
On the 4H chart, ETH has printed a strong bearish candle and is now testing the $2,465–$2,480 area.
📉 Bearish scenario:
If ETH loses $2,455, we could see another move toward the $2,428 area.
📈 Bullish scenario:
If buyers reclaim $2,490–$2,520 and hold above it, the bearish pressure could weaken and ETH may attempt another move higher.
For now, confirmation is more important than chasing the move.
What do you think?
🚀 Bulls reclaim $2.5K or 🔻 Bears push ETH toward $2.4K?
#ETH #ETHUSDT #BinanceSquareFamily #Trading #CryptoAnalysis
ETH has recently been consolidating after a strong rally, with analysts watching the $2,350–$2,360 area as an important broader downside level.
Ethereum is showing some weakness after failing to hold the $2,520–$2,530 resistance zone.
On the 4H chart, ETH has printed a strong bearish candle and is now testing the $2,465–$2,480 area.
📉 Bearish scenario:
If ETH loses $2,455, we could see another move toward the $2,428 area.
📈 Bullish scenario:
If buyers reclaim $2,490–$2,520 and hold above it, the bearish pressure could weaken and ETH may attempt another move higher.
For now, confirmation is more important than chasing the move.
What do you think?
🚀 Bulls reclaim $2.5K or 🔻 Bears push ETH toward $2.4K?
#ETH #ETHUSDT #BinanceSquareFamily #Trading #CryptoAnalysis
ETH has recently been consolidating after a strong rally, with analysts watching the $2,350–$2,360 area as an important broader downside level.
