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🚨 ETHUSDT 4H Breakdown — Bulls Still Holding the Structure, But Momentum Is Weakening
ETH is currently trading around 2307, and the chart is showing a classic range-to-breakout setup on the 4H timeframe.
📈 What the chart says:
Price respected the major support near 2190–2200 multiple times.
After the strong rally toward 2462, ETH entered a sideways consolidation phase.
Short-term MAs (MA5 & MA10) are now below MA30, showing temporary bearish pressure.
RSI is near neutral → market is waiting for direction.
MACD still weak, but bearish momentum is slowing down.
KDJ turning upward → possible short-term bounce incoming.
🔥 Key Levels to Watch
Support: 2260 → 2190
Resistance: 2357 → 2460
Break above 2357 can trigger bullish momentum toward 2420–2460.
Lose 2260, and sellers may drag ETH back to the 2200 zone.
📊 Trading Bias
Short term: Neutral to slightly bearish
Mid trend: Still bullish as long as 2190 holds
Smart money is likely accumulating before the next major move.
⚠️ Best strategy right now: Wait for confirmation breakout instead of overtrading inside the range.
#ETH #ETHUSDT #CryptoTrading #Bitcoin #Altcoins