4H ETH/USDTEthereum / TetherUSBINANCE:ETHUSDTcryptodailyukπ Context Short-term trend: downward / consolidation under resistance Structure: lower highs β classic supply pressure You have a downward trendline drawn and it's working correctly π Key levels π’ Resistance: 2312 β current local struggle zone 2341 β mid-range / often reacts 2387 β main resistance (recent rejections) π΄ Support: 2247 2218 β 2209 (important demand zone) 2159 (if everything lets up β next target) π What just happened? Strong upside breakout β rejection on the trendline Quick dump β failure to maintain bullish structure Currently: pullback after a downward impulse This looks like: π Fake breakout + continuation of the downtrend π Indicators Stoch RSI: Coming off overbought β Downward momentum Not yet at an extreme low β room for further decline MACD: Red histogram MACD line reversing down π Bearish signal π§ Scenarios π΄ Scenario 1 (more likely): Continuation of downtrend Rejection from 2312β2320 β drop to: 2247 then 2210 π If 2210 breaks β quick move to 2160 π’ Scenario 2: False dump + bounce Condition: Return above 2312 Retest as support Then: Target: 2341 β 2387 But until it breaks the trendline β it's just a bounce. β οΈ The most important thing: As long as the price is below the downtrend line: π you're shorting/selling the rally