$ETH is showing strong upward momentum on the 1-hour chart, recently pushing to highs near $4,303 before easing slightly. The bullish trend remains intact, but price action is now consolidating near key Fibonacci extension levels, signaling a possible breakout or short-term retracement.
📉 Buy Zones / Support:
The immediate support lies between $4,241–$4,251, aligning with the 7-MA and 25-MA, which are acting as dynamic support levels. If this zone holds, it could set up the next leg higher. A deeper support zone is around $4,033 (Fib 1.618), which could provide a value entry point if sellers push the price lower.
📈 Sell Zones / Resistance:
The first resistance is at $4,229–$4,290 (Fib 3.618–4.236 extension), where recent attempts to move higher have stalled. A decisive breakout above $4,290 could send ETH toward new highs beyond $4,350 in the short term.
💡 Trading Plan:
Aggressive traders: Enter near $4,241 aiming for $4,290–$4,350.
Breakout traders: Wait for a clear break above $4,290 to target $4,350+.
🔥 ETH is poised for its next move — will you catch the dip or ride the breakout?
Click the $ETH cashtag now and prepare before the market decides!
Spot trading only. Manage your risk.
