As of Price: $3,831.49😍
📈 Upside Targets (Resistance Levels):
$3,865.64 – Near-term resistance; also the 24h high
$3,900.00 – Psychological barrier, often triggers profit-taking
$3,950.00 – $4,000.00 – Strong resistance zone
Previous swing highs
Round number ($4k) will likely act as a major hurdle
📉 Downside Targets (Support Levels):
$3,800.00 – Minor support (intraday base)
$3,750.00 – Previous breakout level, might act as support
$3,680.00 – $3,700.00 – Key support zone
EMA 50 (4H) and trendline confluence
🛑 Stop-Loss Suggestion (Risk Management):
For long positions, consider a stop-loss below $3,750
(ideally around $3,735 to allow some volatility wiggle room)
📊 Indicators Summary (4H / Daily Chart):
RSI: ~64 – Slightly overbought, but not extreme
MACD: Bullish crossover active
Volume: Increasing on green candles → Bullish confirmation
Trend: Still in uptrend, supported by higher highs & higher lows
✅ Trade Bias:
Short-term: Bullish bias above $3,800
Breakout confirmation: Above $3,865 with strong volume
Invalidation: If ETH breaks below $3,680, trend may reverse short-term