📊ETHUSDT 4H Market Update
• Trend: Bearish
• SMA (20): 2685.926
• Support: 2634
• Resistance: 2742.66
• Current Price: 2646.97
📈Strategy:
Price is currently trading below the 20 SMA in a premium zone, confirming bearish momentum. The 4H swing low at 2662.01 has been broken, indicating a shift in structure favoring shorts. A retest of the 2634 support is likely, with a breakdown targeting the 2527.86 take profit zone. Risk management is key—stop loss above the 2726.38 level to invalidate the bearish setup.
#Crypto #Binance #ETHUSDT
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇
• Trend: Bearish
• SMA (20): 2685.926
• Support: 2634
• Resistance: 2742.66
• Current Price: 2646.97
📈Strategy:
Price is currently trading below the 20 SMA in a premium zone, confirming bearish momentum. The 4H swing low at 2662.01 has been broken, indicating a shift in structure favoring shorts. A retest of the 2634 support is likely, with a breakdown targeting the 2527.86 take profit zone. Risk management is key—stop loss above the 2726.38 level to invalidate the bearish setup.
#Crypto #Binance #ETHUSDT
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇