⚡ $ETH 4H – Crucial $4.4K Test! 🚀
$ETH is circling the $4,400 mark, facing a decisive support test after recent gains. If this level cracks, the path could extend to $4,086 (0.5 Fib) and $3,918 (0.618 Fib), with $3,678 (0.786 Fib) as a deeper fallback. Buyers stepping in here could spark a short-term rebound and preserve the broader uptrend, while failure to hold opens the door to a sharper pullback.
📊 Technical Glance:
Stoch RSI sits in oversold territory, signaling a potential bounce if support holds.
Monitoring volume and candle reaction at $4,400 is key to confirm the next directional move.
🛡 Risk Reminder:
Always respect SL; a clear break below $4,400 shifts the short-term bias toward bears.
🔄 Trade Insight:
Traders can watch $4,400 closely—strong defense here favors bulls, but a decisive break invites deeper retracement to the Fib zones.
