๐$ETH Technical Outlook
โ Bounce from Support: ETH defended $4,368 strongly.
โ Buyers Dominate: Order book shows 94% buyers, heavy accumulation.
โ MA Levels: Price hovering near 7 & 25 MA. A clean break above $4,490 could fuel momentum toward $4,620+.
โ Volume Action: Buyers stepping in after recent dip โ green candles forming.
โ ๏ธ Risk Factor: If ETH loses $4,368 support, short-term correction toward $4,290 possible.
๐ My Take: A 4H close above $4,490 strengthens bulls, unlocking $4,620โ$4,788 zone. If breakout fails, expect sideways consolidation before the next move.
๐ฅ Support & Resistance Levels:
Support: $4,368 | $4,290
Resistance: $4,490 | $4,620 | $4,788