$ETH

ETH/USDT , covering the 1-hour and 4-hour timeframes:

1. General Trend (4H):

• Trend: Bearish, with a continued formation of lower highs and lower lows.

• Technical Indicators:

• RSI (Relative Strength Index): At 34.84, approaching the oversold zone.

• MACD: Still showing bearish momentum.

2. Trend on the 1-Hour Chart (1H):

• Trend: Bearish, with key support levels broken and the price continuing to form lower highs and lows.

• Technical Indicators:

• RSI: At 41.5, indicating weak bullish momentum.

3. Support and Resistance Levels:

• Immediate Support: 1,528, followed by 1,485.

• Immediate Resistance: 1,598, followed by 1,639.

4. Liquidity and Volume:

• 24H Volume: Around 27.48 million USDT — indicating moderate to strong liquidity.

5. Chart Patterns:

• Bull Flag: Formed after the rise from 1,485 to 1,598, followed by a sideways consolidation.

• Ascending Triangle: Visible on lower timeframes, with rising support and horizontal resistance around 1,578–1,580.

6. Most Likely Scenario:

• If 1,580 is broken with a strong candle and volume: Likely continuation toward 1,600 and then 1,639.

• If 1,563 is broken downward: Expected correction toward 1,528, possibly retesting 1,485.