Neutral-to-Bullish — $ETH is currently trading in the $4,380–$4,490 range. It remains buoyed by growing institutional inflows (e.g., spot ETF demand) and strong technical momentum. Key support lies at $4,368, the 24-hour low, while resistance is clustered near $4,326–$4,350 (recent pivot and psychological zone) .
Fibonacci Levels:
Retracement status: ETH has broken above the $4,000 multi-year resistance and is now eyeing potential retracements or extensions. Key zones:
Support: $4,000 (pivot floor), with deeper support near $3,800 if breakdown occurs.
Resistance: $4,800 sits near all-time high zones, followed by targets into the $5,500–$6,000 range if further bullish momentum persists .
RSI (14-period):
Value: Around 66–73, depending on source—suggesting neutral-to-mildly overbought territory, but still allowing upside continuation without immediate reversal risk .
Interpretation: Momentum remains strong but be watchful if it breaches 70–75, where overbought feedback may emerge.
Entry Zones:
Safer: Around $4,400–$4,420, near immediate support and consolidation levels.
Aggressive: On a deeper retracement toward $4,200–$4,250, which aligns with moving average support and previously defended pivot levels .
Take-Profit Zones:
TP1: $4,800–$4,900, near all-time high resistance and key breakout threshold .
TP2: $5,500–$6,000, assuming clean breach and sustained momentum, with analysts suggesting potential paths toward these targets .
Stop-Loss Ideas:
Conservative SL: Just below $4,200, to guard against deeper correction.
Tight SL: Around $4,300–$4,350, under key resistance-turned-support zone.