🚨 $ETH /USDT 4H Analysis 🚨

$ETH is currently trading around $2,150 after a strong rejection from the $2,385 zone. Market is showing a weak recovery, but overall structure is still bearish.

📊 Market Structure:

Downtrend remains intact (lower highs)

Price trying to stabilize above $2,100

Short-term bounce, not a confirmed reversal yet

🔑 Key Levels:

🔵 Support: $2,090 – $2,060

🔴 Resistance: $2,200 – $2,300

📈 Trade Setups:

🟢 Long Setup:

Entry: Break above $2,200

TP: $2,280 – $2,320

SL: Below $2,120

🔻 Short Setup:

Entry: Rejection near $2,200

TP: $2,100 → $2,050

SL: Above $2,240

⚠️ Note

This looks like a relief bounce, not a strong reversal. Wait for confirmation before entering.

#ETH #CryptoTrading #BinanceSquare #TechnicalAnalysis #BTC

ETH
ETHUSDT
2,147.69
+1.05%