Technical analysis by GoldMarketKiller about Symbol ETH: Sell recommendation (6/4/2025)

♦️Ethereum Technical Analysis Bearish Rejection Below Resistance ⚠️⏰ TimeFrame 2 Hour🟢 Overview 🔹 The Chart displays a clear range bound market between well defined resistance and support zone. The most recent price action suggests a rejection from the resistance region hinting at possible downward move toward support. 🔻Key Levels 🔻🔴 Resistance Zone 2720 🔺 Support zone 2460📊 Price tested this zones multiple and failed to break above decisvely.💡 Market structure and price Action🧱 The recent swing high formed high relative to the peak 29 May suggests Bearish momentum.🧲 A projeted bearish move marked on the chart with Black arrow forecasting a drop from around 2640 down to the support zone near 2480