🚨 🤩🦅Ethereum Weekend Update: Still Stuck in a Range – Key Levels to Watch🔥.
Ethereum (ETH/USDT) is currently trading around $4,302, struggling to break out of its recent range after reaching a high near $4,956 earlier. The market shows signs of consolidation as neither bulls nor bears are taking clear control.
⚡ Current Price Action Snapshot:
📊 Current Price: $4,301.99
⬇️ 24H Low – $4,256.03
⬆️ 24H High – $4,479.95
📉 Price change today: -3.36%
✅ Important Support & Resistance Levels:
🔰 Immediate Resistance: $4,320 – $4,350
A decisive break above this level could signal the next push toward $4,500.
🛑 Critical Support: $4,300 – $4,280
Strong support zone holding price in check. A breakdown below $4,300 may lead toward $4,250 – $4,200.
🏦 Order Book shows strong buy interest (74.61% bids vs 25.39% asks) near $4,300, suggesting key support.
🔔 Key Trading Plan🦅💥:
1. ➤ Wait for a breakout above $4,350 – $4,360 for a potential bullish entry targeting $4,500 – $4,550.
2. ➤ In case of a breakdown below $4,300, consider short positions targeting $4,250 – $4,200.
3. Avoid trading during sideways price action to minimize risk.
✅ 💥Conclusion🔥:
Ethereum remains trapped in a tight range, unable to build clear momentum. The next few trading sessions will be crucial to determine market direction. Traders should focus on $4,300 support and $4,350 resistance as the main levels to watch this weekend.
