📊 Key Data
Current Price: $4317.79
Max. in 24h: $4574.95
Min. in 24h: $4277.00
Volume (24h): $25.94 billion USDT (5.83 million ETH)
Current Range: strong volatility — a spread of over $300 per day.
🔎 Technical Overview
1. Short-term Trend (15m chart):
It is evident that the price recently fell but has bounced back and is stabilizing around $4317. This may be a local support.
2. Moving Averages (MA):
MA(5) ≈ 1969 (not quite accurate value on Binance, this is total volume/average).
MA(10) and MA(60) indicate that the price is near long-term support.
If the price holds above $4300, there is a chance for growth to $4400–4450.
3. Volumes:
Recently, there have been spikes in volumes (green candles), indicating buyers. Currently, volume is decreasing — the market is waiting for movement.
4. Levels:
Support: $4270–4300
Resistance: $4380–4450
If we break below $4270, there is a risk of falling to $4200.
📈 Possible Scenarios
Bullish (long): if the price holds above $4300 and buying starts — target $4400–4450.
Bearish (short): if we break $4270 — expect a fall to $4200.
⚡ Tactical Advice
For scalping, short movements within the range of $4300–4400 can be taken.
For the medium term, it is better to wait for a confident breakout of the $4450 zone (up) or $4270 (down).#ETH