@blackrooted
📉 ETH 4H Update
Price: $3,018 (-2.85%)
Ethereum failed to hold the recent bounce and is now pulling back after rejection near $3,250. Structure is still in a downtrend, but price is approaching a key decision zone.
🔍 Key Levels
• Support: $2,780 — $2,850 zone
• Resistance: $3,250 then $3,500
⚠️ If ETH loses the $2,800 area, downside momentum may continue.
🔥 A reclaim above $3,250 would be the first sign of strength and trend reversal potential.
Current sentiment: Neutral → Bearish until support holds.
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