[Signal] ETH/USDT - Potential Reversal Zone Identified
Pair: ETH/USDT
Timeframe: 4H
Current Price: 2,478.29 USDT
24H Change: -0.70%
Support: 2,446 USDT
Resistance: 2,513 USDT / 2,570 USDT
Indicators:
MACD: Bearish (-15.19), but showing signs of flattening.
Volume: Decreasing sell volume, hinting at seller exhaustion.
Order Book: Buy pressure at 20.18%, Sell pressure at 79.82% — cautious sentiment.
Technical Outlook: ETH recently tested the 2,446 USDT support level and is forming a short-term consolidation base. Although MACD remains bearish, price action is attempting to stabilize, with small green candles showing early recovery signs. A break above 2,500 USDT may signal bullish momentum toward 2,570 USDT.
Signal:
Watch for bullish confirmation above 2,500 USDT.
If sustained, potential move to 2,570 USDT. Cut-loss below 2,440 USDT.
Sentiment: Cautiously Bullish
Risk Level: Moderate
Stay updated and manage your risk. This is not financial advice.