Signal ETHUSD Sell — H4 - May 12, 2026 11:03 GMT-4
The ETHUSD H4 chart presents a bearish setup, as the price has recently broken below a significant support level at around 2300. The recent downtrend is characterized by a series of lower highs and lower lows, indicating a weakening trend. The volume has been declining, which supports the bearish view. The price has also been struggling to close above the 200-period moving average, further confirming the downtrend. The bearish momentum is expected to continue, with the price potentially targeting the 2160 level. The H4 timeframe is suitable for this trade, as it captures the medium-term trend and allows for a…