$ETH ETH/USDT on the 4H chart shows a strong recent uptrend, reaching a high of 2,834.23 before retracing to 2,766.58. The price is testing the 7-day moving average, which is slightly declining. Volume is decreasing, suggesting a weakening of momentum. If ETH holds above the 7 MA and forms a bullish candle, it could bounce. A break below it could lead to a drop towards the 25 MA ($2,610). Current signal: *Wait*. Avoid chasing the rise. Look for confirmation before buying. If you are already in a position, consider a dynamic stop-loss to protect profits while the market decides its next direction.
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