Signal ETHUSD Sell — H1 - June 22, 2026 21:17 GMT-4
On the H1 chart ETHUSD has entered a clear downtrend after the bullish breakout to 1778.89. The candle at 1782147600 opened near the recent high but closed sharply lower at 1753.61, with volume exceeding 34k, confirming strong selling pressure. Subsequent bars have produced lower highs (1746.7, 1738.88) and lower lows (1728.42, 1725.83), indicating a loss of upward momentum and the formation of a descending channel. Volume remains elevated on the downside moves, reinforcing the bearish bias. The price is now testing the 1730‑1735 region, which aligns with recent support that has turned into resistance. A break below this zone would…