After testing highs around $4,311, ETH has cooled down to the $4,196 zone. Price action remains above the MA(60) ($4,190), signaling that the mid-term uptrend is still intact.
Momentum indicators are mixed:
RSI(6) = 55.7 → Neutral, not overbought.
StochRSI ≈ 52 / 48 → Balanced, no extreme signals.
EMA(5) > EMA(10) → Short-term bullish alignment.
MACD positive → Underlying trend still upward.
📊 Technical Snapshot:
24h High: $4,311 | 24h Low: $4,060
Support: $4,170 – $4,190 zone
Resistance: $4,280 – $4,310 zone
💡 Strategy Idea:
Buy on dips near $4,170–$4,190 support zone.
Short-term target: $4,280–$4,310
Mid-term target: $4,400+ if momentum continues.
Stop loss: $4,150
📍 Bias: Neutral-to-Bullish. ETH looks to consolidate before attempting another push upward. Watch RSI for overbought signals if price breaks higher.
⚠️ Note: Market is volatile. Always DYOR before trading.
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