$ETH đš ETH/USDT Technical Snapshot â Support & Resistance in Play! đš
Ethereum is dancing around key levels, and it's time to zoom in on what the chart is whispering! đ§ đ
đ Current Price: $3,790.41 (+0.73%)
đ 24h High: $3,878.67
đ 24h Low: $3,677.65
đč Resistance Zone Ahead đ„
The recent high of $3,941 is acting as a strong resistance wall. ETH has tapped this level but hasnât been able to close above it with conviction. Bulls need serious momentum to break through this ceiling. If broken, we could be eyeing the $4,000+ psychological level next! đđ§±
đč Support Holding the Line đĄïž
EMA(7) around $3,773 is offering near-term support, with backup at $3,677 â the 24h low. Below this? Weâre looking at EMA(25) near $3,446 as the next defense level. Losing that could trigger a sharper correction. â ïžđ
đ Volume & MACD Speak Volumes
The red bars under the volume section and a flattening MACD histogram suggest bearish divergence creeping in. Volume is drying up â a classic sign of consolidation or a potential reversal. The MACD line also shows weakening bullish momentum. đ§Ż
đ§ What to Watch For:
A daily candle close above $3,941 = Bullish breakout â
A drop below $3,677 with volume = Bearish slide alert đš
đŻ Trading Strategy Tip:
Breakout traders: Watch for confirmation above resistance đ
Dip buyers: Eyes on that $3,446 zone for a bounce đ
Risk managers: Use stop-losses near breakdown zones to protect capital đ
đ Stay sharp, trade smart â ETHâs next move could set the tone for the altcoin market! đźđ° #Ethereum #CryptoAnalysis
#SupportResistance #ETHUSDT #CryptoTraders #Binance đ§ââïžđ

