**🚨 $ETH /USDT – Technical Analysis (4H) | Binance – Subjective Assessment 🚨**
**🔹 Current Price:** **$1,805.95**
**🔹 24h Change:** **+0.16%** (from $1,800.88)
**🔹 7-Day Range:** **$1,750 – $1,863**
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### 📊 **Key Levels**
✅ **Support:**
- **$1,750** (lower boundary of the last range)
- **$1,793** (local minimum from May 6)
⛔ **Resistance:**
- **$1,863** (last peak)
- **$1,832** (local resistance during the day)
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### 📈 **Indicators**
- **RSI (14):** **55** (neutral, no extremes)
- **MACD:** Slightly positive, but no strong momentum
- **Volume:** Low during consolidation – a breakout with higher volume is needed
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### 🎯 **Possible Scenarios**
1️⃣ **Breakout above $1,863** → Target **$1,900** (psychological level).
2️⃣ **Drop below $1,750** → Test **$1,700** (Fibo 0.5 level).
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### ⚠️ **Risks**
- ETH is **~39% below ATH** ($4,878).
- Sensitivity to macro and BTC movements.
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### 📌 **Summary**
ETH is consolidating, waiting for a clear signal. A breakout above $1,863 may provide new momentum, but a drop below $1,750 will increase selling pressure.
🔹 **#Ethereum #ETH #Crypto #Binance**
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**📌 NOTE:** This **is not investment advice**, but merely my subjective analysis. The crypto market is highly volatile – always DYOR (Do Your Own Research)! 🚀
