$ETH ETH dropped sharply from ~4,575 to ~4,220 and is now trying to bounce.

2. EMA

On the 15m: EMA5 (4,276) ≈ EMA20 (4,281) → short-term squeeze.

On the 1h: EMA5 (4,284) is below EMA20 (4,365) → bearish bias.

3. RSI

15m RSI ~58 → slightly bullish but near neutral.

1h RSI ~33 → oversold, suggests a potential bounce.

4. MACD

15m: Positive divergence forming, histogram rising → short-term bullish.

1h: Still negative, but flattening → possible bottoming.

5. Volume

Large spike on the drop near 4,222 → strong support tested.

Recent candles show buying interest.

#ETH

Short-term (15m): Momentum is shifting bullish, small long scalp possible above 4,280 if it holds.

Mid-term (1h): Still bearish trend, unless ETH reclaims above 4,365–4,400 resistance.

setup right now:

Long (scalp) above 4,280 with tight stop near 4,240.

Short only if ETH breaks below 4,220 support with strong volume.