$ETH

🚨 ETH/USDT Technical Analysis – 4H Chart Breakdown 🚨

Ethereum (ETH) continues its downtrend, currently trading at $3,346.73 (-9.10%). The bears are in control as ETH struggles to hold above key support.

📉 Key Levels to Watch:

Support: Immediate support lies at $3,326 – a break below could trigger a drop towards $3,300 and $3,200.

Resistance: The first hurdle is around $3,500, with stronger resistance at $3,700–$3,800, where sellers remain active.

🔍 Market Outlook:

If ETH holds above $3,326 and shows bullish momentum, expect a bounce towards $3,500–$3,600.

However, a breakdown below support could lead to further losses.

🎯 Entry Strategy:

For Bears: Watch for a confirmed break below $3,326 for short opportunities.

For Bulls: Wait for a reversal signal near $3,326–$3,300 with increasing volume before entering long positions.

ETH is at a crucial decision point – a breakdown or bounce will define the next big move. Stay sharp and trade smart! 📊

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