Hey Traders!
Last Friday, ETH was pressing on that $4,753–$4,856 resistance box in a textbook ascending triangle setup.
Fast forward, and instead of breaking higher, it cracked the trendline and slid beautifully into the $4,080 zone, right on the breakout target.
Textbook short setup, congratulations on taking it 👏
What now?
📉 Bearish path: If ETH can’t reclaim $4,250–$4,304 (now resistance), sellers may press further toward $4,052 and even the $3,950 handle.
📈 Bullish path: Recover and close back above $4,304, and ETH could stabilize. That reopens the chance to retest $4,535 and eventually the $4,753 box.
