🚨 Technical analysis for the $ETH coin | 4-hour timeframe
🔹 Current price: $1,752 📉 (-1.41% over 24h)
– It moves within a neutral horizontal range without a clear direction, reflecting volatility and trader caution.
– The price oscillates between support and resistance zones without a clear decision on the trend yet.
– The $1,648 – $1,604 zone represents the main support / demand.
– It is trading above level 50 at 54.76, which supports the continuation of positive momentum.
🔼 Positive scenario (bullish):
If it holds steady and breaks above $1,826
🎯 $1,879 – $1,968 – $2,068
🔽 Negative scenario (bearish):
If it breaks $1,709 with a 4-hour closing
❌ $1,648 – $1,604 – $1,578
📌 Note: Breaking any of the key levels will determine the next direction.
$ETH #ETH
🔹 Current price: $1,752 📉 (-1.41% over 24h)
– It moves within a neutral horizontal range without a clear direction, reflecting volatility and trader caution.
– The price oscillates between support and resistance zones without a clear decision on the trend yet.
– The $1,648 – $1,604 zone represents the main support / demand.
– It is trading above level 50 at 54.76, which supports the continuation of positive momentum.
🔼 Positive scenario (bullish):
If it holds steady and breaks above $1,826
🎯 $1,879 – $1,968 – $2,068
🔽 Negative scenario (bearish):
If it breaks $1,709 with a 4-hour closing
❌ $1,648 – $1,604 – $1,578
📌 Note: Breaking any of the key levels will determine the next direction.
$ETH #ETH