📊 $ETH TECHNICAL ANALYSIS — ETHEREUM RECLAIMS ITS SHORT-TERM MOVING AVERAGE
BINANCE SPOT | NOVEMBER 4, 2026
Price: $2,281.43
24H Change: +1.25% 🟢
24H High: $2,309.00
24H Low: $2,226.44
📈 MARKET STRUCTURE
Ethereum has rebounded from $2,226 and recovered above its 4-hour EMA20 near $2,271. RSI(14) around 48 indicates improving but still balanced momentum.
The recovery remains below the recent $2,309 resistance.
🔹 KEY SUPPORT
• $2,271 — Immediate EMA20 support
• $2,248–$2,250 — Secondary support
• $2,226 — Critical support
🔹 KEY RESISTANCE
• $2,286 — Immediate resistance
• $2,309 — Major resistance
• $2,318 — Extended resistance
📈 BULLISH SCENARIO
A sustained 4-hour close above $2,286 could support recovery toward $2,309. Breaking $2,309 would strengthen bullish continuation prospects.
📉 BEARISH SCENARIO
Losing $2,271 could expose $2,248, followed by $2,226 if selling pressure returns.
🔎 TECHNICAL CONCLUSION
OUTLOOK: NEUTRAL TO BULLISH — RECOVERY STRENGTHENING
Decisive range: $2,271–$2,309.
ETH is showing improving relative strength, but a confirmed breakout above $2,309 is needed for stronger bullish confirmation.
#TripsSam #ETH #Ethereum #TechnicalAnalysis #BinanceSquare
BINANCE SPOT | NOVEMBER 4, 2026
Price: $2,281.43
24H Change: +1.25% 🟢
24H High: $2,309.00
24H Low: $2,226.44
📈 MARKET STRUCTURE
Ethereum has rebounded from $2,226 and recovered above its 4-hour EMA20 near $2,271. RSI(14) around 48 indicates improving but still balanced momentum.
The recovery remains below the recent $2,309 resistance.
🔹 KEY SUPPORT
• $2,271 — Immediate EMA20 support
• $2,248–$2,250 — Secondary support
• $2,226 — Critical support
🔹 KEY RESISTANCE
• $2,286 — Immediate resistance
• $2,309 — Major resistance
• $2,318 — Extended resistance
📈 BULLISH SCENARIO
A sustained 4-hour close above $2,286 could support recovery toward $2,309. Breaking $2,309 would strengthen bullish continuation prospects.
📉 BEARISH SCENARIO
Losing $2,271 could expose $2,248, followed by $2,226 if selling pressure returns.
🔎 TECHNICAL CONCLUSION
OUTLOOK: NEUTRAL TO BULLISH — RECOVERY STRENGTHENING
Decisive range: $2,271–$2,309.
ETH is showing improving relative strength, but a confirmed breakout above $2,309 is needed for stronger bullish confirmation.
#TripsSam #ETH #Ethereum #TechnicalAnalysis #BinanceSquare