Technical analysis by LABA_GOLD_TRADING about Symbol ETH: Sell recommendation (10/14/2025)

Here’s a detailed technical analysis of your Ethereum (ETH/USD) 4H chart 👇 🔹 Chart Overview Timeframe: 4H Current Price: ≈ 3,983 Resistance Zone: 4,314 – 4,583 Target Level: 2,766 Pattern: Downward channel (bearish trend continuation) 🔹 Price Structure Price is moving within a descending channel, meaning the overall trend remains bearish. After touching the lower trendline, ETH rebounded and is now testing the upper channel resistance zone between 4,314–4,583. 🔹 Key Levels Resistance Zone: This zone is critical; it aligns with both the upper channel boundary and a prior supply zone. If price gets rejected here → confirms continuation of downtrend. Support / Target: The projected target level is around 2,766.75, which aligns with the lower boundary extension of the channel. 🔹 Market Bias As long as ETH stays below 4,314, the bearish sentiment dominates. A clean break and close above 4,583 would invalidate the bearish setup and could shift sentiment bullish toward 4,800+. 🔹 Possible Scenarios 1. Bearish Scenario (High Probability): ETH rejects from resistance zone (4,314–4,583). Downward move continues toward 3,500 → 3,000 → final target 2,766. 2. Bullish Reversal (Low Probability unless breakout): Strong breakout above 4,583 with volume. Next resistance near 4,950–5,000. 🔹 Summary 📉 Trend: Bearish ⚠ Watch Zone: 4,314–4,583 (short opportunity if rejection forms) 🎯 Downside Target: 2,766 🔄 Invalidation: Break and close above 4,583