🚀 $ETH Breaks $4,638 – Bulls in Control or Pullback Coming?
🚨🚨TRADE PLAN🚨🚨
$ETH is surging +8.23% to $4,638.89, hitting a 24h high of $4,656.
Trend is strongly bullish (Price > EMA7 > EMA25 > EMA99) — but RSI at 86.8 = 🚨 extreme overbought.
📊 Key Levels:
Resistance: $4,656 → $4,760
Support: $4,300 → $4,256 → $3,842
Volume: 80% below avg → rally lacks participation ⚠
📈 Price Prediction:
Bullish: Close above $4,760 → $4,900–$5,000 (needs >500K ETH volume)
Bearish: Break below $4,256 → $4,000–$3,842
🎯 Trade Plan:
Buy Zone: $4,300–$4,350 or $4,000–$4,100
Short Zone: $4,656–$4,760 if rejection + bearish candle
Stops: Tight — keep risk ≤ 2% capital
💡 Bias: Bullish but overheated — best move is buy-the-dip, not chase-the-top.
Do you think ETH hits $5K before a pullback? 👀💬