Ethereum (ETH/USDT): Possible Short Opportunity

[nihalsari]

Hi guys!

ETH is currently testing the ascending trendline support after forming a potential lower high near the $4,165 zone. The structure shows early signs of weakness as buyers failed to maintain momentum above the last swing top.

A clean break below the trendline could confirm a short-term bearish shift, targeting the $4,030–$4,000 support zone, which aligns with the previous breakout level. The invalidation of this setup would occur if the price breaks and holds above $4,165, signaling renewed bullish momentum.

important levels:
Resistance: $4,165
Support: $4,030 – $4,000
Bias: Bearish below $4,165

[jacson4]

ETH looks heavy near resistance — a short setup here could be rewarding if volume confirms.

[kelson10]

Market structure suggests a possible pullback. Watching closely for entry around key rejection zones.