đ Chart Breakdown:
Ethereum just threw out a classic bearish divergence â and itâs not a good look.
Price action: Higher highs inside an upward channel đ
Momentum (RSI): Lower highs đ â buying pressure is fading
đš The Break Has Happened:
ETH has cracked below the channelâs lower trendline â a major signal the uptrend could be done.
đŻ Watch next: $3,500â$3,600 zone as the first real support target.
đ TOTAL2 Agrees:
The total altcoin market cap is showing the exact same bearish divergence.
Rising channel broken
Target near $1.2T â a key support zone
If that plays out, we could be staring at a broad altcoin pullback đ±.
đ° Spot Trade Setup:
Entry: 4413.82
TP1: 4351.58
TP2: 4211.02
SL: Set per your risk tolerance â ïž
â ïž Why It Matters:
This isnât just ETH â TOTAL2âs structure hints the whole alt market could correct. Patience and discipline will protect your capital đĄïž.
đą Your Move:
âĄïž Track these levels closely if youâre trading spot
âĄïž Follow for real-time market signals & setups đ