$ETH $ETH
⚡ ETH/USDT Shocking Analysis, Momentum Update ⚡
Traders, #ETH is trading around 4,507 after touching a 24h high of 4,670. The market is showing pressure as price dropped by -2.30%, but strong liquidity zones are still in play.
Right now, the short-term support sits near 4,490–4,470, and if that level breaks, ETH could slide towards 4,360 and 4,276. On the upside, if bulls reclaim 4,582 resistance, then the next rally could target 4,685 and 4,793.
📊 Spot Traders: Look for opportunities to accumulate near 4,468–4,500, as this is a demand zone where buyers usually step in.
📉 Futures Traders: Momentum favors quick scalps. A long entry is safer only if ETH closes above 4,582, while a short setup comes alive below 4,490.
💡 Pro Tip: Keep an eye on RSI, if it bounces from oversold while volume spikes, that’s a strong long signal. Weak RSI recovery with falling volume means bears are still in control.