đ¨ Technical Analysis of $ETH /USDT (4h Chart):
Current Price: $1,816.10 (+0.64%)
24h High/Low: $1,857.47 / $1,778.94
Key EMAs:
EMA(7): $1,806.75 (currently trading above)
EMA(25): $1,771.33
EMA(99): $1,700.41
RSI(6): 65.71 (approaching overbought zone)
Volume: Moderate but no strong spike, indicating steady interest, not a blow-off.
Bullish Scenario:
ETH is trading above all important EMAs (7, 25, 99), showing a strong short-term uptrend.
RSI is climbing but still under 70, meaning there is room for more upside before major selling pressure kicks in.
If ETH breaks $1,857 (24h high), it could surge toward $1,900â$1,920.
Key Support: $1,778 â if price pulls back, this is where buyers may step in.
Summary:
Bullish bias above $1,800. If it holds this level and volume increases, next target is $1,900.
Bearish Scenario:
If ETH fails to break above $1,850-$1,857 and RSI hits overbought (>70), it could face rejection.
Falling below $1,778 support would shift momentum bearish, targeting $1,732 (previous local support).
Conclusion:
ETH is currently bullish on the 4h chart, but needs to break $1,857 with strong volume for further rally. Watch RSI carefully â near overbought signals caution for late buyers.