🔍 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.

✅ 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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