$ETH /USDT — Consolidation Near $4,500, Breakout Path Toward $4,600–$5,000
Entry Zone: $4,400 – $4,500
Stop Loss: $4,280
Target 1: $4,600 (primary breakout trigger)
Target 2: $4,800
Target 3: $5,000 (extension if momentum accelerates)
Details:
Ethereum is consolidating above the $4,400 support after a strong recovery from the $4,200 zone. Current price action shows ETH trading around $4,520–$4,560, with resistance at $4,600–$4,650 acting as the immediate breakout barrier.
The EMA structure remains bullish, with ETH holding above its key moving averages. RSI is in the 59–61 range, showing neutral‑to‑bullish momentum without being overbought. Volume remains healthy, and Bollinger Bands are widening — a signal that volatility expansion is imminent.
A decisive daily close above $4,600 with strong volume would confirm continuation toward $4,800–$5,000. On the downside, $4,400–$4,450 is the critical support zone; losing this level could trigger a deeper correction toward $4,200.
Professional Insight:
ETH is at a pivotal “make‑or‑break” level. Consolidation above $4,400 is constructive, and a breakout over $4,600 would likely accelerate momentum toward $4,800 and potentially $5,000. As long as ETH holds above $4,280–$4,300, the broader trend remains bullish.