Signal ETHUSD Sell — H4 - June 17, 2026 07:17 GMT-4
On the H4 timeframe for ETHUSD, the price has been consolidating within a narrow range since the mid-June highs, with recent closes consistently below key resistance levels. The last few candles show a bearish bias, as the close at 1764.3 breaks below the prior support at 1759.4, signaling potential trend continuation. Volume has been declining, indicating reduced buying pressure, which aligns with the weakening momentum observed in the lower range. The pair appears to be testing the lower end of its consolidation zone, with the current close near the 1759.4 support level. This setup suggests a high probability of further…