Quick summary
$ETH is showing a short-term rebound after a pullback; short-term momentum favors upside while meaningful resistance sits above. Volume is moderate, indicating selective buying rather than broad speculative demand.
Technical
Current price ~ 4,582. Short MA trending up; long MA above price, implying longer-term resistance.
RSI ≈ 65 — bullish momentum but not extreme.
Immediate support: 4,499 (practical SL zone at 4,480).
Resistances: 4,664 (near-term), 4,820 (strong), prior swing high ~4,956.
Market structure & volume
Rebound volume is moderate — buying is present but selective. Tightening supply dynamics support upside potential if accumulation persists.
Trading plan
Entry: scale-in at 4,520 – 4,560.
Stop-loss: 4,480 (below immediate support).
Take-profit: TP1 4,660 (partial exit); TP2 4,820 (exit remainder if momentum holds).
Management: move SL to breakeven after TP1; reassess at each resistance based on volume reaction.
Overall view
Holding 4,480–4,500 keeps the bullish scenario alive toward 4,660 and 4,820. A decisive break below 4,480 favors deeper correction toward ~4,330.
