$ETH /USDT BEARS TEST SUPPORT AS MOMENTUM SLOWS DOWN
ETH/USDT is trading near 4,169, down -0.85% intraday, after failing to sustain above the 4,229 resistance. Despite strong long-term gains (+71% in 90 days), Ethereum has faced consistent selling in the past 7 days (-7.38%) and is now testing the 4,100–4,150 support zone. If bulls defend this level, a rebound could follow, but a breakdown may invite deeper correction.
Trade Setup:
Entry (Short): 4,180 – 4,200
Targets (TP): 4,080 / 4,000
Stop Loss (SL): 4,280
Market Outlook:
ETH remains bullish on the higher timeframe, but short-term pressure is evident. A breakout above 4,300 would revive bullish momentum toward 4,500+, while losing 4,100 support could drag the price back to 3,950–4,000.
#ETHUSDT #Ethereum #BearishPressure #CryptoTrading #Layer1 $ETH
