$ETH
🔷️Current Price: $4,196.99 (down 0.55%).
🔷️🟢🔴The recent candlestick pattern suggests a bearish movement, with the price dropping below the moving averages.
📉Support Levels: The chart shows potential support around $4,059.47 (recent low) and a stronger support near $4,060.00, aligning with the 5-day Moving Average (MA(5)). Further support may be at $4,123.34 if the price continues to decline.
📈Resistance Levels: Immediate resistance is at $4,274.90 (recent high), with a stronger resistance near $4,340.15 (24h high).
🔥The 50-day Moving Average (MA(50)) around $4,060.00 could also act as dynamic resistance if the price rebounds.
👍The RSI (66.56) indicates the asset is nearing overbought territory, which might suggest a potential reversal or consolidation.