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📊 Technical Analysis – ETH/USDT (4H)

🔻 Ethereum is trading at $4,461.46, down -2.77% in the last 24h.

📌 Key points from the chart (4H):

📉 Current trend: Downward in the short term, after rejection in the $4,630 region.

🟣 Moving Average 99 (MA99): serving as dynamic support near $4,500, but already tested.

🟡 Moving Average 7 (MA7): crossed below MA25, confirming selling pressure.

📊 MACD: remains negative (-13.35), indicating a loss of buying strength.

🔑 Key support: $4,311 – if lost, it may accelerate the decline.

🔼 Immediate resistance: $4,562 – breaking this level, ETH may regain strength to seek $4,700 again.

⚖️ Summary: ETH is in a correction phase after a strong rise. Staying above $4,311, there is a chance of recovery. However, if this support breaks, we may see more decline before new buying strength enters.

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✨ What do you think, will ETH rise again or does it still have room to fall? 🤔

💬 Share your opinion!

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