After a few days of sideways movement, the asset is showing activity again and is trading around $3,890, moving toward the daily imbalance at $4,000–$4,050. That’s the key resistance area where I expect sellers to react.
❗️Base scenario — a test of this zone$ETH followed by a pullback below $3,850 and a move down into $3,700–$3,600.
As long as the price stays below $4,050, the structure remains bearish. A solid hold above it will be the signal for a trend change.
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After a few days of sideways movement, the asset is showing activity again and is trading around $3,890, moving toward the daily imbalance at $4,000–$4,050. That’s the key resistance area where I expect sellers to react.
❗️Base scenario — a test of this zone$ETH followed by a pullback below $3,850 and a move down into $3,700–$3,600.
As long as the price stays below $4,050, the structure remains bearish. A solid hold above it will be the signal for a trend change.
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