๐ ETH/USDT โ H4 Technical Outlook (August 4, 2025)
Short-Term Trend:
Still sideways leaning bullish after strong support holds at the 2,820 zone.
Key Levels:
- Support: 2,820 โ 2,850 โ this area serves as a rebound base after NFP
- Resistance: 3,050 โ break & close H4 above this validates bullish continuation
- Confluence Zone: 2,890 โ2,920 (horizontal support area + MA 50)
Indicators:
- RSI: 52 โ neutral, upward space is open
- MACD: Starting golden cross โ bullish momentum forming
- Volume: Moderately increasing โ early signs of accumulation
Outlook: If ETH holds above 2,900 and breaks 3,050, potential rise to 3,180 โ3,250. But if it breaks down below 2,820, correction could continue to 2,700.