ETHUSD Trendline Breakdown Could Trigger Bigger Selloff
ETHUSD is starting to lose bullish momentum after rejecting from the upper resistance zone around 2380–2430. The market has now broken below the rising trendline support on the 4H timeframe, signaling a possible shift from bullish continuation into bearish correction.
The recent move shows buyers struggling to maintain higher prices while sellers are stepping in aggressively near resistance. If ETH remains below the broken trendline, we could see further downside expansion toward major support zones.
### Bearish setup:
🔻 Sell zone: **2310 – 2340**
🛑 Stop Loss: **Above 2450**
🎯 Target 1: **2158**
🎯 Target 2: **2090**
🎯 Final Target: **2034**
This setup becomes stronger because:
✔️ Trendline support has been broken
✔️ Price rejected key resistance zone
✔️ Momentum slowing after strong rally
✔️ Lower timeframe weakness appearing
✔️ Clean risk-to-reward opportunity
The 2158 level is the first important support area to watch. A strong breakdown below that zone could open the door for a larger bearish continuation toward 2034.
For now, patience matters. Waiting for bearish candle confirmation around the entry zone may help avoid false moves in this volatile crypto market.
📊 Pair: ETHUSD
⏰ Timeframe: 4H
📉 Bias: Bearish Correction
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source https://www.tradingview.com/chart/ETHUSD/WrqlN27I-ETHUSD-Trendline-Breakdown-Could-Trigger-Bigger-Selloff/
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