🚨 Ethereum Approaches Critical Zone: Is It Worth Entering Now? 🧐
📈 ETH/USDT Chart – 1D (Daily)
Ethereum (ETH) is trading around $3,716, following a strong upward trend in recent days. The movement is solid but is already approaching an important psychological resistance in the $4,000 region.
🧠 Simple Technical Analysis:
✅ Trend: Bullish in the short and medium term.
🔼 Immediate resistance: $3,950–$4,000 (critical and psychological zone).
🔽 Nearby supports:
$3,500 → possible healthy pullback
$3,150 → base of the broken consolidation
$2,950 → stronger and more distant support
🎯 Entry Points:
❌ Entry now (at $3,716): Unfavorable risk-reward ratio, as the asset is close to the $4,000 resistance.
✅ Safer entries:
Waiting for a correction to $3,500 with support confirmation
Or a clean breakout above $4,000 with confirmation pullback
⚠️ Attention, traders!
The zone between $3,950–$4,000 may act as a strong barrier, with chances of profit-taking and increased volatility. Hasty entries in this region can expose the trader to unnecessary risks.
💬 And you? Are you watching for the breakout or will you wait for the pullback? Comment below!
📢 Remember: this analysis is educational. Always make your own assessment before investing.
