๐Ÿ’ฅ Ethereum Tests $4,250 Support as Market Awaits Next Move

Ethereum (ETH) is under pressure again, dropping below key levels as traders watch what comes next.

๐Ÿ“‰ ETH Price Action

ETH broke below $4,550 and $4,420.

Price even touched $4,220 before trying to rebound.

Currently trading below $4,450 and the 100-hour SMA.

A big resistance trend line is forming near $4,450.

๐Ÿ”‘ Resistance Levels

First hurdle: $4,375.

Bigger resistance: $4,400 โ€“ $4,450.

If ETH breaks above $4,450, it could rally towards $4,550, and possibly $4,650โ€“$4,720.

๐Ÿ”ป Support Levels

Strong support sits at $4,220.

If ETH falls below $4,200, price could test $4,150 or even $4,050โ€“$4,000.

๐Ÿ“Š Indicators

MACD: showing bearish momentum.

RSI: below 50, signaling weakness.

๐Ÿš€ Final Take

Ethereum is stuck between $4,200 support and $4,450 resistance.

A break in either direction will decide the next big move. Traders should keep a close eye on these levels.

#ETH #Ethereum #AltcoinSeasonLoading $ETH