$ETH
🔹 ETH/USDT Technical Analysis – 4 Hours
Price: $2,174.99 ▼ -4.67%
Ethereum is experiencing strong selling pressure after breaking below the moving average (MA and EMA) support, confirming negativity by dropping below the $2,200 level.
📉 RSI is in the oversold area (9.13), which may indicate a potential temporary rebound.
📊 MACD shows increasing negative momentum with the gap between the lines widening.
📌 Current support is at $2,159 – breaking this may open the way towards $2,100.
📈 The most important resistance is at $2,285 – any rebound will remain corrective unless it breaks above this level.
Overall trend: Bearish in the short term
⚠️ Caution advised against continued selling before confirming a strong reversal signal.
