$ETH
🚨 ETH 1H Chart Analysis – Bearish Pressure Dominates Below Resistance
The ETH/USDT 1-hour chart shows a fragile rebound, but resistance overhead is keeping bulls in check. Sellers remain active, and downside risk is still in play.
📊 Price Structure
Current Price: $4,272.46 (+1.4%)
Key Resistance: $4,388.66
Supports: $4,242 ➝ $4,100 ➝ $4,060
Sellers defending $4,380–$4,390 zone where past breakdowns began.
⚡ Indicators & Trend
EMA Stack: Bearish (20 < 50 < 200)
MACD: Trying to flip bullish, but still inside bearish setup
RSI: Neutral at 56.5 (room either way)
Volume Oscillator: Positive (0.499) → buying present in rebound
🏦 Order Book & Sentiment
Imbalance: -45.1% (sell walls stronger than buys)
Funding: Neutral at 0.009% → no extreme positioning
🎯 Trade Scenarios
Bullish: Break & close above $4,388 → target $4,450–$4,500
Bearish: Rejection + breakdown below $4,242 → retest $4,100–$4,060
🚀 Conclusion
ETH is caught in a tug-of-war: momentum looks better short-term, but resistance dominates. Unless bulls clear $4,388 with strong volume, risk of rejection and a slide back toward $4,100 remains high.