Signal ETHUSD Sell — H1 - June 21, 2026 02:33 GMT-4
The H1 chart of ETHUSD reveals a bearish reversal setup following a prolonged consolidation phase. The recent price action shows a failed bullish breakout at the key resistance level near 1745.16, marked by a lower high and waning volume. A series of lower closes below the 1730-1740 range suggests weakening bullish momentum, with the current close at 1734.82 signaling a shift toward corrective selling. The formation of a descending triangle pattern between 1700 and 1740, combined with a recent bullish candle that failed to close above the upper trendline, reinforces the bearish bias. Volume on the latest candle (1782003600) is…