🟢 Ethereum (ETH/USD) Analysis – August 2025
📍 Price: $3,899
📊 Timeframe: 1W & 1D
✅ ETH is testing a major resistance zone at $4,117.
🔴 On the 1D chart, a clear rejection candle has formed near resistance.
⚠️ This indicates strong selling pressure – a bearish move is possible if it fails to break above.
🔽 Downside Support Levels:
• $3,800 – Minor support
• $2,826 – Key support
• $2,131 / $1,528 – Strong demand zones
🚀 Upside Breakout Target:
• $4,827 (ATH zone retest)
📌 Summary:
ETH is at a critical zone. Breakout above $4,117 = bullish continuation.
Rejection confirmed = potential drop toward $2,800.
Watch price action closely!
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