#ETH / USDT Technical Analysis 🔥🔥
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward move.
There is a major support area in green at 4480, which represents a strong support point.
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We are in a consolidation trend above the 100 Moving Average.
Entry price: 4524
First target: 4585
Second target: 4645
Third target: 4715
Don't forget a simple matter: capital management.
