$ETH / #Ethereum | 4H Trade Setup Update ● ETH parabolically rejected off Value Area High

$ETH / #Ethereum | 4H Trade Setup Update

● Current Status: ETH parabolically rejected off the Value Area High (VAH) and is now breaking below the Value Area Low (VAL).

● Technical Indicators:Rising Momentum: Indicating a strengthening trend. Falling Money Flow: Suggesting decreasing buying pressure. Stochastic RSI: Bottoming, indicating potential for upward movement.

● Outlook:Traders should monitor for sustained movement below the VAL and potential support levels. The combination of rising momentum and a bottoming stochastic RSI, despite falling money flow, suggests a mixed outlook. Watch for confirmation of either further downward movement or a potential reversal.