$ETH Looking at the chart you shared (ETH/USDT on the 1-hour timeframe), we can identify potential support and resistance levels based on recent price action:
Resistance Levels:
$1,834.86 – This is the most recent swing high and the strongest resistance level. Price was rejected here after a strong upward move.
$1,784.27 – A minor resistance where price struggled before pulling back.
Support Levels:
$1,722.90 – The 24h low, and a significant support level where buyers previously stepped in.
$1,653.32 – Another potential support visible from the chart where the price previously consolidated.
$1,537.26 – A strong support from the bottom of the recent move.
Indicators:
RSI (Relative Strength Index) is around 58.67, which is neutral but leaning slightly bullish.
MACD is crossing upward, suggesting potential bullish momentum is building.
Would you like help identifying entry/exit points or drawing support/resistance lines more clearly?