{"content":"🔴 $ETH BEARISH ALERT 📉 $ETH has broken down sharply from its rounded top formation on the 1H chart, showing a clear shift from bullish momentum to bearish pressure. The ascending trendline neckline has been pierced with a strong red candle and high volume — a classic sign of sellers stepping in. Indicators Update: RSI: 35.65 → heading deeper toward oversold territory. MACD: Flipped bearish → confirming downside momentum. Price Action: ETH is now trading below short-term moving averages, so any recovery may face resistance around $4721–$4727. Key Levels to Watch: Immediate Support: $4448 Stronger Support: $4191 (near 200 EMA) Resistance: Broken trendline — may reject price if retested. ⚠ Trading Note: This is a time for caution. Avoid FOMO longs and wait for a clear reclaim of the trendline before considering bullish positions. Right now, sellers hold the upper hand.$ETH DYOR 📊 Follow for more updates 🔔","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/14/917c580a660c3bd4887421ec8701b3aa.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}