$ETH #TrendTradingStrategyu #ETH
🔍 Technical analysis (1H):
1. Current trend:
• Bullish reversal after touching support at 4,392.
2. Supports and resistances:
• Support: 4,400
• Resistance: 4,575
3. Volume:
• Increase in purchases indicating strength in the recovery.
4. MACD:
• Positive signal, looking to confirm bullish momentum.
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✅ Conclusion:
• ETH is positioned strongly; if it breaks 4,575 it could extend the rally towards 4,650.