Technical analysis of the ETH/USDT pair – 4-hour timeframe:
Current price: 3041.31 USDT (+1.21%)
Key resistance: 3097 – not breached yet.
Nearest support: 2995 – holding above it.
Averages:
MA(9) = 3006: price is above it, short-term positive signal.
MA(55) = 2833: medium-term uptrend.
MA(200) = 2575: confirms the long-term uptrend.
🔹 Summary: The overall trend is steadily bullish above the support 2995, and if the resistance 3097 is breached, we may see further rise towards 3150+.
📌 Recommendation: Monitor for buying on breakout or rebound from support.