🔹 Ethereum (ETH/USDT) Daily Analysis
Current Price: $4,350
24h Range: $4,224 – $4,532
🔑 Key Levels
• Resistance Zones:
• $4,500 (short-term cap)
• $4,794 (recent high)
• Support Zones:
• First Support: $4,100 (short-term cushion, near EMA7/EMA25 zone)
• Second Support: $3,700 (major structural demand zone, strong base)
📊 Indicators
• RSI (52.06): Neutral – price cooled down from overbought levels.
• MACD: Still positive, but histogram is flattening → momentum slowing.
• EMA Trend: Price above EMA25 ($4,043) and EMA99 ($3,214) → overall bullish structure intact.
📈 Trade Scenarios
Bullish Case (Continuation):
• Entry: If ETH holds $4,100 support and rebounds.
• Target 1: $4,500
• Target 2: $4,794 (breakout → $5,000+)
• Stop-loss: Below $4,043 (EMA25).
Bearish Case (Deeper Pullback):
• If ETH breaks $4,100, expect drop toward $3,700 support.
• Strong accumulation zone: $3,700–$3,770.
• Stop-loss: Below $3,650.
✅ Summary: ETH is consolidating after a strong run. $4,100 is the first defense line, while $3,700 is the key zone where major buyers may step in again. Holding above $4,100 keeps bulls in charge, but a break could trigger a deeper correction.
