ETH/USD 1 HOUR CHART PATTERN ...

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ETH/USD 1 HOUR CHART PATTERN ...Ethereum / US DollarCOINBASE:ETHUSDTrade_Magnet_FxETHUSD Trade Setup (1H Chart) Entry Zone: 4,457 Resistance Zone: 4,780 First Support / Target: 4,300 Second Support / Final Target: 4,100 Ethereum has been showing consistent rejection near the resistance zone at 4,780, confirming it as a strong supply area where sellers are defending aggressively. After multiple failed attempts to break higher, the price structure has started to form lower highs, suggesting a potential bearish continuation. Currently, ETH is trading just below the 4,550 zone — the intraday pivot area that separates bullish and bearish momentum. A clear break and retest below this zone strengthens the case for short setups targeting 4,300, where initial profit-taking is recommended. The 4,100 level marks a deeper liquidity pocket aligned with previous demand — serving as the final target if bearish momentum continues. As long as ETH stays below 4,780, the market bias remains bearish, and sellers are expected to maintain control. Any 1H close above 4,780 would invalidate this bearish structure and shift short-term sentiment back to neutral