$ETH

ETH Technical Outlook (4H/1D)

Currently observing a consolidation phase just above the $3,100 support zone. Price is ranging between $3,100 - $3,250, with decreasing volume suggesting a potential breakout.

EMA50 and EMA200 on the 4H chart are tightening — watch for a bullish crossover.

RSI hovering near 50 — no clear momentum yet.

MACD shows a potential bullish divergence forming.

A break above $3,250 could signal a continuation toward $3,450.

If $3,100 fails to hold, downside risk opens to $2,950.

Key levels:

Support: $3,100 / $2,950

Resistance: $3,250 / $3,450

Leaning cautiously bullish if volume confirms breakout. Monitoring Binance Futures for potential long setup with tight stop below $3,100.