Signal ETHUSD Sell — H1 - June 27, 2026 20:16 GMT-4
The ETHUSD H1 chart reveals a clear downtrend forming since the 1610.15 high on 2026-06-28, with consecutive lower closes and contracting price ranges. The recent candle closes at 1575.14, near the 1575.64 level, which acts as a critical support zone. Volume has been gradually declining, indicating weakening bullish momentum, while the price action shows a lack of upward thrust despite occasional rallies. The structure suggests a potential reversal setup, with the 1575.14 level serving as a key pivot point. Key resistance lies at 1620.09 (SL), where prior highs have failed to hold, signaling bearish control. The forward-looking bias leans toward…