โก Current Conditions
Price: $4,142.02 (-1.88% in 24h)
Range (24h): $4,060 โ $4,340
Volume: Extremely low (~3,101 ETH vs 513k/725k ETH averages) โ weak selling conviction
EMAs:
EMA(7): $4,270 โ resistance
EMA(25): $4,052 โ โ ๏ธ CRITICAL SUPPORT
EMA(99): $3,250 โ long-term trend support
RSI(6): 41.12 โ neutral/slightly bearish
StochRSI: 20.46 โ oversold zone
Volume trend: Collapse in volume โ ๐ bullish divergence (exhausted sellers)
๐ Key Observations
ETH is sitting directly at $4,050โ$4,060 support (EMA25 + 24h low) โ make-or-break zone
Volume is drying up while price dips โ bullish divergence
Momentum indicators neutral/weak โ market waiting for a catalyst
๐ฎ Price Prediction
Short-Term (6โ24h)
โ Bounce case (preferred): Hold $4,050 โ rebound to $4,270 โ $4,340
โ ๏ธ Breakdown case: Lose $4,050 โ drop toward $3,920 support
Medium-Term (1โ3 Days)
โ Hold above EMA25 โ retest $4,500
โ ๏ธ Daily close below $4,050 โ deeper correction toward $3,900โ$3,800
๐ Trade Plan
๐ข Scenario 1: Long on Support Hold (Preferred Setup)
Trigger: Bullish reversal candle (hammer/engulfing) + uptick in volume at $4,060โ$4,080
Entry: $4,080 โ $4,100
Stop-Loss: $4,020
Targets:
TP1: $4,270 (EMA7)
TP2: $4,340 (24h High)
Risk-Reward: ~1:4.5 ๐
๐ข Scenario 2: Long on Retest Confirmation
Trigger: Price bounces, then retests $4,100โ$4,120 as support
Entry: $4,100 โ $4,120
Stop-Loss: $4,040
Targets: Same as above
๐ด Scenario 3: Short on Breakdown (Higher Risk)
Trigger: Strong close below $4,050 with high volume
Entry: $4,030 โ $4,040
Stop-Loss: $4,100
Targets:
TP1: $3,920
โ ๏ธ Risk Management Notes
The $4,050โ$4,060 support is everything โ your bias depends on it
Volume confirmation ๐ โ Bounce/Breakdown without strong volume = unreliable
Choose entry style: Aggressive (bounce) vs. Conservative (retest)
TRADE FROM HERE ๐ $ETH
โ Conclusion: ETH is at a critical decision point. The most likely outcome is a bounce from $4,050 support, targeting $4,270โ$4,340. Only a high-volume breakdown below $4,050 would flip bias bearish toward $3,920.
#ETH #Ethereum #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #ETHUSDT
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