【ETH Intraday Trading Strategy | 4555 Key Watershed】
Ethereum is currently priced at $4555, which is at a critical technical watershed, with both bulls and bears fiercely contesting this level. From a technical perspective, this position serves as support from the 60-day moving average on the 4-hour chart and overlaps with institutional cost areas, making its importance self-evident.
📍Key Level Reminder: Resistance: 4750 (recently tested resistance multiple times) Support: 4550 (important intraday support), 4450 (strong support)
📌Trading Strategy:
If it stabilizes above 4550, consider light buying towards 4700-4750
If it breaks below 4530 on high volume, it may drop to 4450 or even 4300
If it continues to oscillate between 4550-4650, it is advised to wait and see
🎯Risk Management Suggestions: Position size should not exceed 10% Always set stop-loss (buy below 4500/sell above 4610) Avoid frequent trading and wait for clear signals
⚠️Friendly Reminder: Recent fluctuations have intensified, so be cautious with operations. The above is only technical analysis and does not constitute investment advice.
