Ethereum Price Slid Down Pass $4,150, Fit Try $4,000
Ethereum price don resume e downtrend after e no fit maintain gains pass $4,320 and e slip under key supports at $4,150 and $4,120. Ethereum price dey trade under the 100-hour SMA and below bearish trend line at $4,360, with technical indicators—MACD dey negative and RSI below 50—show say e go still dey face downward pressure. Immediate support dey at $4,050 and $4,000, and if e break below $4,000 sharply, e fit make loss enter $3,880 and $3,750 faster. For upside, resistance dem for $4,150, $4,220, and $4,250 must hold make e slow down the drop, but to change momentum, e fit clear go pass $4,360.
Bearish
Di current technical setup, wey Ethereum price dey trade under di 100-hour SMA plus bearish trend line for $4,360, plus negative MACD and RSI below 50, show say selling pressure still dey. Di break below key support levels for $4,150 and $4,120 mean say sellers still get momentum for short term, and e fit test $4,000 and below. If Ethereum price break below $4,000, e fit trigger more downside go $3,880 and $3,750, wey go confirm di bearish outlook. Long term, if e no fit reclaim resistance near $4,360, e fit make bullish sentiment cool down, make di bearish trend continue till stronger technical signals show.