$ETH /USDT Trading Analysis Report - 19th August 2025
Ethereum (ETH) is currently trading at Rs1,197,152.14, reflecting a decline of -1.98% in the last 24 hours. The price has recently retraced from its 24-hour high of Rs4,340.15, showing a sharp pullback towards its support level at Rs4,227.68. Ethereum’s price movement suggests a potential consolidation phase between the key levels of Rs4,193.77 (the 24-hour low) and Rs4,340.15. With a significant trading volume of 588,515.81 ETH over the past 24 hours, it is evident that market participants are active, but caution is warranted as Ethereum tests the lower end of its range. The immediate support around Rs4,227.68 will be a crucial level to monitor; any further weakness here could drive the price towards Rs4,193.77, where the next major support is located.
Looking ahead, Ethereum traders should pay close attention to the price action around the Rs4,227.68 support. A confirmed bounce off this level could create an opportunity for long trades, with targets set towards the next resistance at Rs4,283.06, and the higher resistance zone near Rs4,340.15. However, if Ethereum fails to hold support at Rs4,227.68 and breaks below Rs4,193.77, the bearish momentum may accelerate, pushing ETH toward lower support levels. Traders should use appropriate risk management strategies, particularly by setting stop losses and carefully monitoring volume and price action for potential breakout or breakdown signals.
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