🚨 $ETH Short-Term Outlook – 12H Chart 🚨
📍 Price Now: $4,553.48
📌 Resistance Rejection: Strong sell-off from $4,791.31
📌 EMA Supports:
• EMA(9): $4,488 🛡
• EMA(21): $4,232 🛡
• EMA(50): $3,891 🛡
📊 Indicators:
• MACD: Bullish but momentum fading ⚠️
• Stoch RSI: 68.34 → Turning down from overbought 📉
• Volume: Sell volume rising 🔴
🔎 Likely Scenario:
• Pullback to $4,450 – $4,230 range before next attempt at $4,790.
• Bullish reversal if reclaim $4,600+ quickly.
⚠️ Bearish Risk:
• Break below EMA(21) → Possible slide to $3,891.
🎯 Key Levels:
Support → $4,488 | $4,232 | $3,891
Resistance → $4,600 | $4,790 | $4,863
#ETH #Ethereum #CryptoAnalysis #RegalTrader