ETH/USDT (4H) — Range Breakdown & Support Test SetupEthereum / TetherUSBINANCE:ETHUSDTrakeshmalviya5995Market Outlook & Technical Structure: Ethereum has faced a sharp rejection after sweeping the liquidity above the range highs around $2,650. Price has rolled over, breaking below local structural support at $2,487 with aggressive bearish candles. Currently, ETH is hovering near the intermediate demand shelf around $2,444, with momentum favoring a continuation down into the major range support block ($2,382 – $2,300). The 4-hour RSI has crossed below the 50 level and its moving average, confirming that sellers are currently driving market momentum. Key Levels to Watch: Immediate Resistance: $2,487 – $2,500 (Broken support acting as resistance) Major Resistance / Invalidation: $2,544 Immediate Support: $2,444 Target Demand Zone: $2,382 – $2,300 (Primary range low & liquidity pool) Trading Plan: Bearish Continuation: Look for a breakdown below $2,444 or a weak relief bounce toward $2,485 – $2,500 that shows clear rejection candles. Downside Target: $2,382, with an extended move into the $2,350 – $2,300 demand pocket. Invalidation / Risk Management: A sustained 4-hour close back above $2,544 negates the immediate bearish continuation structure. Disclaimer: For educational purposes only. Always use strict stop-loss and position-sizing rules.