Great analysis and the best thing is anyone who doesn't know too much about TAs, he can even understand the way you describe. 

MACD - Signalling bearish momentum 

Volumes - Moderately low

Trend - Price is slightly below MA20

>Will $3.4k support HODL ?

I hope we'll hold the $3.4k support. But honestly, it's tricky to answer, I'm not sure.

^(!tip 1)