🔹 1-Hour Chart Technical Overview
1. Trend & Moving Averages
On the 1-hour timeframe, most indicators are showing bullish (Strong Buy) signals.
Around 70–75% of moving averages are bullish, supporting short-term upward momentum.
2. Mixed Signals
While the general trend is bullish, some short-term moving averages and oscillators are showing neutral or bearish signals.
Indicators like CCI & Williams %R are oversold, suggesting a possible pullback or retracement.
3. Support & Resistance Zones
Resistance: ~$4,500 (strong rejection zone).
Support: ~$4,371 – if this breaks, ETH could see further downside.
4. Trader Sentiment
Many traders on platforms like TradingView expect ETH to face rejection around $4,500.
If support at $4,371 holds, ETH may push higher. If it breaks, a short-term drop is likely.$ETH