#CryptoRally #ETHUSDT
š Technical Analysis
Last price: 4,279
24-hour High: 4,327
24-hour Low: 4,202
1. Major Trend (1D)
ETH had a rally from 3,542 ā 4,794 then corrected.
Now the price is consolidating in the area of 4,200 ā 4,300.
As long as it is >4,200, the major trend is still bullish (higher low).
2. Medium Trend (4H)
The price is bouncing from support 4,200 ā 4,250.
MA7 & MA25 are starting to get close ā small potential for a golden cross.
Strong resistance: 4,330 ā 4,350.
3. Important Support & Resistance
Support: 4,200 ā 4,250 (demand zone).
Major support: 4,030.
Resistance: 4,330 ā 4,350 (MA cluster + supply).
Major resistance: 4,500 ā 4,580 (top area).
4. Order Book Sentiment
TF 4H ā Long 46% vs Short 54% (tending neutral-bearish).
TF 1D ā Long 93% vs Short 7% (market leaning bullish at this level).
š Long Setup (trend following)
Entry: 4,220 ā 4,250 (buy dip near support).
TP1: 4,330 ā 4,350
TP2: 4,500 ā 4,580
SL: 4,150 (breaking support invalidates bullish).
R/R: ± 1:2
š Short Setup (countertrend)
Entry: 4,330 ā 4,350 (if breakout fails)
TP1: 4,250
TP2: 4,200
SL: 4,390
R/R: ± 1:2
š Summary
As long as ETH stays above 4,200, it is still safe to go long.
If there is a strong rejection at 4,330 ā 4,350, one can take a short scalp.
Key levels: 4,200 support & 4,350 resistance breakout will determine the major direction.