Blackrooted pfp
Blackrooted

@blackrooted

ETH (4H) Market Update Current Price: $2,824 ETH continues to trade in a broader bearish structure, printing lower highs and lower lows on the 4H timeframe. Recent rebounds have failed to reclaim key resistance, keeping downside pressure intact. 📉 Key Levels: • Immediate Resistance: $2,900 → $3,000 • Major Resistance: $3,200 • Current Support: $2,800 • Next Support: $2,650 → $2,550 🧭 Outlook: • As long as ETH stays below $3,000, rallies are likely to be sold into. • A clean break and hold below $2,800 could open continuation toward $2,650. • Bullish momentum only returns if ETH reclaims $3,200 on strong volume. Bias: Bearish to neutral. Trend remains weak until key resistance is reclaimed.
0 reply
9 recasts
28 reactions