🚀 Ethereum ($ETH ETH) Update – 22 Aug 2025
ETH is consolidating just below key resistance after a strong +8.94% pump. Price action remains bullish, trading above all major MAs.
📊 Key Levels
• Current: $4,647.46
• Resistance: $4,670
• Support: $4,280 – $4,320
🎯 Scenarios
1️⃣ Breakout Play: Long above $4,670, TP at $4,788 / $4,859, SL below $4,550.
2️⃣ Pullback Play: Long from $4,280–$4,320 zone, TP back to $4,650+, SL below $4,200.
⚠️ Note: RSI likely overbought, so risk management is key. Volume ($3.79B) confirms strong momentum.
💡 Bottom Line: ETH trend is strongly bullish. Watch for breakout or pullback entries.
