$ETH 🔍 Ethereum (ETH/USDT) 1H Chart Analysis – 8 Aug 2025
Ethereum is currently trading at $3,957, showing mild consolidation after a strong rally. The price remains above all major moving averages (MA 7, 25, 99), suggesting bullish momentum is intact.
📊 Key Levels:
Support: $3,935 (MA7), $3,890 (MA25), $3,719 (MA99)
Resistance (Fibonacci Extension):
$4,033 (1.618)
$4,131 (2.618)
$4,227 (3.618)
⚠️ Volume & Oscillator:
Volume spike indicates increased buying/selling activity, but latest candles show reduced bullish pressure.
Volume Oscillator is at 18.3%, pulling back from highs — signaling weakening momentum short-term.
✅ Buy Alert:
Enter near support ($3,935–$3,900) if ETH holds above $3,900 with strong volume. Watch for breakout above $4,033 for bullish continuation toward $4,131.
❌ Sell Alert:
If ETH breaks below $3,890 with high volume, expect short-term correction toward $3,720 (MA99).
📌 Conclusion:
ETH remains bullish in structure, but may retest support before moving higher. Conservative traders should wait for a confirmed breakout above $4,033, while aggressive entries may consider dipping near $3,900.
💬 What’s your plan? Buy the dip or wait for breakout confirmation? Share below!
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