$ETH 📢💰 🔥
ETH is currently consolidating after rejecting the $3680 resistance zone. Price action is tightening within a narrow range, showing indecision between bulls and bears. Volume is decreasing, indicating a potential breakout setup.
📈 Technical Snapshot
Support Zone: $3550 – $3500
Resistance Zone: $3680 – $3730
Trend (4H/1D): Neutral-to-bullish; higher lows holding structure
RSI (4H): 47 — sideways momentum
MACD: Flat — awaiting momentum confirmation
200 EMA (4H): Acting as dynamic support near $3555
📌 Trade Strategy
🔸 Spot Traders:
Consider accumulation in the $3550–3600 zone.
Confirmation needed with a 4H close above $3680 for bullish continuation.
Target: $3800+
Stop-loss: Below $3500
🔸 Futures Traders:
Watch for breakout above $3680 to trigger long entries.
If $3550 breaks, expect short entries down to $3420.
Leverage cautiously due to current low volatility and breakout potential