$ETH

ETH/USDT Technical Analysis

Current Price: 4,395.40 (+1.67% in 24h)

24h Range: 4,285.71 – 4,490.64

24h Volume: 528,526.89 ETH (≈ 2.34B USDT)

Trend and Moving Averages

MA(7): 4,447.60 → Price trading below short-term MA, showing near-term bearish momentum.

MA(25): 4,408.93 → Current price also below MA(25), suggesting selling pressure.

MA(99): 4,395.19 → Price is testing MA(99) support, key level to watch.

Overall trend: ETH recently rejected from 4,490 resistance and is now consolidating near support.

Key Levels

Resistance 1: 4,447

Resistance 2: 4,490

Support 1: 4,395 (MA99 zone)

Support 2: 4,285

Break below 4,395 may extend downside to 4,285, while holding above this level can trigger a rebound.

Volume and Momentum

Recent red candles with high selling volume, showing short-term bearish sentiment.

Previous strong buying momentum weakened after hitting 4,490 resistance.

If selling volume decreases near 4,395–4,285, recovery possible.

Outlook

Bullish Scenario: Holding above 4,395 and reclaiming 4,447 could push ETH back toward 4,490–4,500 zone.

Bearish Scenario: Failure to hold 4,395 may lead to a decline toward 4,285 or even 4,250 support area.

Summary

ETH/USDT is in a short-term correction phase after rejection at 4,490. Price is testing the 99-period MA (4,395), which is a critical support level. Sustaining above this zone may trigger a rebound, but a breakdown could open further downside.