Afsar91

Key Levels to Watch
Based on recent technical analysis:
Support levels
• ~$3,680–$3,720 — A currently important support band.
• ~$3,550–$3,568 — A deeper structural support (200-day EMA in one analysis) if the more immediate support fails.
• ~$3,400 — A still deeper “last‐line” demand zone if things go south.
Resistance levels
• ~$3,900–$4,050 — The first major ceiling in the short-term.
• ~$4,150–$4,200 — A stronger supply zone where multiple moving averages converge.
• ~$4,350 and above — If the breakout happens, this becomes the next target range.
How to Interpret These in a Trade Framework
• If ETH holds above ~$3,680–$3,720, that support band becomes a springboard for a possible bounce. If you see buying volume here, you might expect an attempt to move up toward ~$4,000.
• If it breaks below ~$3,680, then the next major support is ~$3,550ish; a break of that suggests risk of a move toward ~$3,400.
• On the upside, a clean breakout above ~$4,050–$4,150 (with volume) would increase the odds of a rally toward ~$4,300–$4,400.
• Without the breakout, ETH could remain range-bound between ~$3,650 and ~$4,100 for some time — consolidation is quite possible.
Timeframe Thoughts
Given the levels above and current momentum:
• If support holds and a bounce occurs, we might see the ~$4,000 region within ~1–2 weeks (assuming catalysts & volume).
• If ETH breaks below support, then a drop toward ~$3,400 could unfold over ~2–4 weeks.
• For a sustained bullish run (break above ~$4,200) you’re looking at perhaps ~3–6 weeks of build-up.
Summary
• Key Support: ~$3,680–$3,720 → ~$3,550 → ~$3,400
• Key Resistance: ~$4,000 → ~$4,150–$4,200 → ~$4,350+
• Watch for volume and price action around those levels to gauge whether bulls or bears dominate next.
• Because momentum is currently weak (indicators show bearish tilt) the bounce is possible but not guaranteed.$ETH