【ETH Short-Term Trading Strategy | Key Level Layout Ideas】
The market is at the end of a triangular convergence, and the contraction of volatility indicates an upcoming directional choice. Savvy traders have already placed orders at key support and resistance levels.
Ethereum (ETH) is currently trading around $4310, which is a critical technical node. The 4-hour chart shows that the price is oscillating within a tightening symmetrical triangle, with support at $4250 and resistance at $4370.
This structure indicates that market momentum is shrinking and volatility is compressed, signaling an imminent directional breakout. On the daily level, Ethereum is still within a long-term upward channel, but in the short term, it faces pressure from a cluster of moving averages, with the 20-day moving average ($4312) and the 50-day moving average ($4351) forming a rebound resistance.
Based on technical analysis and market sentiment, here are the key price levels for ETH:
Support Levels:
Primary Support: $4250-4230 (200-day moving average + trendline support overlap area, tested multiple times without breaking)
Secondary Support: $4200 (psychological level + daily channel midline)
Deep Support: $4000 (50-day moving average), $3800 (demand zone and cycle analysis target)
Resistance Levels:
Initial Resistance: $4370 (triangle trendline upper boundary + convergence of 20/50 EMA)
Strong Resistance: $4500-4530 (previous high area + significant short liquidation trigger points)
Breakout Targets: $4700, $5000
Range Strategy:
→ Long at $4230-4250 if stable, stop loss below $4200, target $4340
→ Short at $4480-4530 if under pressure, stop loss above $4550, target $4350
(For reference only, not an investment advice)