As Ethereum trades around 3,831.49, the market is closely watching for its next move. The current setup shows bullish momentum, but indicators suggest a potential pullback before another leg up.
🔼 Key Resistance Levels (Upside Targets):
3,865.64 – Recent 24h high
3,900.00 – Strong psychological resistance
4,000.00 – Major breakout zone
🔽 Key Support Levels (Downside Targets):
3,604.39 – Support from SAR indicator
3,638.56 – 24h low
3,500.00 – Strong support zone
🛑 Stop-Loss Suggestions:
Conservative: Below 3,600
Aggressive: Below 3,638.56
📊 Indicator Overview:
RSI (79.13): Overbought — expect a pullback soon
MACD (24.36): Bullish trend but diverging
Stochastic RSI (98.82): Extremely overbought — caution
OBV (-782,677.21): Mild selling pressure building
🎯 Strategy Conclusion:
ETH remains bullish, but a short-term dip to the 3,604–3,638 range could offer a strong buying opportunity. A clean break above 3,865 could open the way to 3,900–4,000.
Trade Idea:
Buy on dip: Near 3,604–3,638, stop-loss below $3,600
Short opportunity: If rejected at 3,865, target 3,638, SL above 3,900
Stay alert for RSI cooldowns and watch volume for confirmation.
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