🟢 Current Trend: Short-term pullback in a long-term uptrend
📍 Current Price: ~$3,911
🕰️ Timeframe: 15m to 4h chart
Bullish Scenario: Uptrend Resumes:
If $ETH holds above $3,875 support, and RSI shows a bounce. Upside targets: $3,940 → $3,968 → $4,000 psychological level. Confirmation needed: Bullish candle + RSI > 50. Catalysts: Broader crypto market strength (BTC holding above $60k), ETF inflows, positive macro news
Bearish Scenario: Short-Term Correction Deepens
If support at $3,906 – $3,875 breaks Downside targets: $3,805 → $3,750. Confirmation needed: RSI < 40 + surge in sell volume.
$ETH may continue to range between $3,875–$3,950 before choosing direction. Bulls still have the edge long-term, but short-term traders should wait for clear breakout signals before entering.
Support Zones: Resistance zone:
$3,906. $3,906
$3,875. $3,950
$3,805. $3,968
Trade Setups: What to Look Out For
🟢 Long Setup (If Price Pulls Back Further):
Entry Range: $3,875 or $3,805
Stop-Loss: $3,800
Targets: $3,940 → $3,968 → $4,000
Confirmation Signal: RSI bounce from oversold + strong bullish candle.
🔴 Short Setup (If Key Support Breaks):
Entry Zone: $3,898 – $3,905
Stop-Loss: $3,930
Targets: $3,875 → $3,805
Confirmation Signal: RSI drops below 40 + spike in volume.