🔍 Technical Analysis (1H) $ETH
1. Current Trend:
• Moderate bearish structure, but with an attempt at support at 4,200 USDT.
• EMA7 below EMA25.
2. Supports and Resistances:
• Key support: 4,200 USDT.
• Immediate resistance: 4,280 – 4,350 USDT.
3. Volume:
• Decrease in selling pressure, suggesting a possible bounce at support.
4. MACD:
• Negative, although with signs of possible slowing of the decline.
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✅ Conclusion:
• ETH holds at 4,200 as support. As long as it does not lose it, it may attempt recovery towards 4,280–4,350; losing this level opens up the risk of 4,120.
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