$ETH Current Price: $3,898.84 (↑ ~6.24% today)
Timeframe: 15m – 4h chart (Live)
Recent High: ~$3,968
RSI (6): ~45 → indicates cooling momentum
Trend: Bullish overall, but short-term correction possible
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Technical Overview
ETH surged ~6% today amid a massive 43% jump in trading volume, signaling strong buying activity.
Price remains above the 50-day moving average and closer to key resistance near $4,000.
Market optimism is underpinned by recent network upgrades and institutional interest, while Ethereum has surpassed Exxon Mobil in market cap.
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Key Support & Resistance Levels
Support: $3,875 / $3,850 / $3,805
Resistance: $3,950 / $3,968 / $4,000–$4,100 zone
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Trade Setups to Watch
🟢 Long Opportunity
Entry: $3,875–$3,885
Stop-Loss: ~$3,840
Targets: $3,950 → $3,968 → $4,000–$4,100
Confirmation: RSI bottoming + bullish candle + high volume breakout
🔴 Short Opportunity (if resistance holds)
Entry: $3,950–$3,968
Stop-Loss: ~$4,000
Targets: $3,900 → $3,875
Confirmation: RSI stalling + bearish reversal candle
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Conclusion
Ethereum maintains bullish bias on higher timeframes. Today’s strong momentum, driven by volume and on-chain fundamentals, supports continued upward movement—but resistance near $4K will be critical. Watch volume and RSI behavior closely: a decisive push above $4K could open the way to new highs, while failure to break may spark a short-term retracement.
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📢 Trade smart. Manage risk. Stay sharp.
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