#ETH short-term analysis 📉

#ETH is around $2,610–$2,620 and has come under selling pressure today. �

CoinGecko +1

Bearish setup (4H):

🔴 Resistance: $2,660–$2,700

🔴 Major resistance: $2,717–$2,750

🟢 Support: $2,574

🟢 Next support: $2,500–$2,510

Bias: Bearish below $2,660–$2,700

Short idea: Prefer a rejection from resistance rather than chasing after a big drop.

Targets: $2,575 → $2,510 → $2,500

Invalidation: sustained move/close above ~$2,720.

The 4H technical picture is bearish, although the daily trend remains stronger, so a sharp bounce is possible. �

en.coinotag.com +1

Risk: #ETH is already relatively oversold on several short-term indicators, so don't over-leverage. �

in.investing.com

If you want, I can also make you an �⁠ETH short-analysis chart/picture with entry, SL and TP marked.