Ethereum (ETH/USD), 4H timeframe..

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Ethereum (ETH/USD), 4H timeframe..Ethereum / US DollarCOINBASE:ETHUSDRSI_Trading_pointEthereum (ETH/USD), 4H timeframe (Coinbase) — here’s the breakdown 👇 🔍 Technical Overview Current Price: around $3,965 Trend: Price broke below the ascending trendline and is now retesting the underside of the Ichimoku Cloud — a bearish retest setup. Resistance Zone: $4,100 – $4,150 (retest zone / upper rejection area) Support Zones: Minor: $3,900 Major (my chart’s blue arrow “Target Point”): $3,600 – $3,550 🎯 Target Short-term target: $3,900 Main bearish target: $3,600 ± $50 (This aligns with the drawn “Target Point” and matches the previous structure base.) ⚠ Invalidation If ETH/USD closes above $4,150, the bearish momentum is invalidated and a rebound toward $4,300 could start. So my active target = $3,600 zone — that’s where the next key support and profit area lies.