$ETH is trading at $4,495, sitting just above a key support zone around $4,450 — a level that has consistently attracted buying interest. Holding this area with strong volume could set the stage for a move toward resistance at $4,600 and $4,750.
Traders can look for confirmation through bullish candlestick patterns, RSI crossing above 50, or a MACD bullish crossover. A stop-loss just below $4,420 can help manage downside risk if the support breaks.
On the other hand, a decisive drop below $4,450 may lead to further declines, with the next major support near $4,300. Watching volume trends and momentum indicators will be crucial for assessing the market’s strength.
In summary, ETH’s current setup presents a well-defined trade opportunity with clear risk–reward parameters, appealing to both short-term and swing traders.
