Ethereum/USDT Technical Analysis & Next-Move Outlook
Over the past six months, ETH has shifted from an April low near $1,600 to a series of higher highs and higher lows into late April. Using the 1-day, 1-hour, and 5-minute charts, we can triangulate likely short- and medium-term moves.
Current price: ≈ 3.51 USDT Recent range: 3.40 – 3.85Time frame: Apr 24–29, 2025 Key Technical Observations 1. Support and Resistance Support zone around 3.45 USDTResistance zone near 3.60–3.65 USDT, with a hard high at 3.85 USDT 2. Trend Structure After peaking at 3.85 (Apr 28), price sharply retraced into the 3.45 area.Since then, lower highs have formed (< 3.60) and lower lows are testing the 3.45 floor.Short-term momentum favors the bears (series of red candles on higher volume). 3. Volume Pr