$ETH /USDT-Bullish Consolidation

ETH is currently trading at $4,411.83, exhibiting a strong bullish trend. The price has recently experienced a brief pullback from the $4,755 resistance level, finding support around $4,115. This consolidation phase suggests a potential accumulation before the next upward move.

📊 Fibonacci Levels: Retracement Status & Price Zones

0.236 Fibonacci Level: $4,115 – recent support area.

0.382 Fibonacci Level: $4,370 – initial resistance.

0.618 Fibonacci Level: $4,538 – key resistance zone.

0.786 Fibonacci Level: $4,755 – major resistance level.

A breakout above the $4,538 level could signal a move towards the $4,755 resistance.

📉 RSI: Elevated but Bullish

The 14-day Relative Strength Index (RSI) is currently at 42.65, indicating a neutral stance. This suggests that while the market is not overbought, there is room for further upside momentum.

🎯 Entry Zones

Safer Entry: $4,115–$4,150 – near recent support levels.

Aggressive Entry: $4,370–$4,400 – on a confirmed breakout above the 0.236 Fibonacci level.

💰 Take-Profit Zones

TP1: $4,538 – 0.618 Fibonacci level.

TP2: $4,755 – 0.786 Fibonacci level.

đŸ›Ąïž Stop-Loss Ideas

Conservative: $4,000 – below the 0.382 Fibonacci level.

Tight: $4,100 – just below the recent support zone.