Ethereum
Short
Updated

ETH/USD (Ethereum vs US Dollar) chart on the 2-hour timeframe...

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ETH/USD (Ethereum vs US Dollar) chart on the 2-hour timeframe, here’s the clear setup and targets 👇


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📊 Chart Overview

Current price: around $3,928

Resistance zone: $4,080 – $4,150 (price rejected here recently)

Support zone: $3,900 – $3,880 (short-term hold level)

Trend: Bearish structure — price broke the uptrend line and retested the broken zone

Cloud (Ichimoku): price below the cloud → bearish signal



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📉 Bearish Scenario (Most likely)

If ETH stays below $4,080, the market is showing signs of continuation to the downside.

Sell Entry: around $3,950 – $3,980 (after minor pullback confirmation)

Target 1: $3,800 (first support)

Target 2: $3,650 – $3,600 (major target zone shown on my chart)

Stop Loss: above $4,120


🟥 Summary Table

Type Price Level Comment

🔻 Sell Entry $3,950 – $3,980 below resistance retest
🎯 TP1 $3,800 first target
🎯 TP2 $3,650 – $3,600 final target zone
⛔ SL $4,120 above resistance



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📈 Bullish Reversal (only if strong breakout above $4,150)

Buy above: $4,160

Target: $4,280 → $4,400

Stop Loss: below $4,080



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✅ Conclusion:
ETH/USD is currently bearish while below $4,080 —
expect a move toward $3,800 → $3,650 in the next sessions if rejection holds.
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