August 25 ETH market analysis $ETH
Key support for ETH: 2388 2395
It can’t drop below here—bears should continue
What we can see for the pullback is around the 4-hour high. But the structure is very strong.
There is a possibility of high-level consolidation: prices won’t fall, and the MACD rebound directly breaks above the previous high once it resets to the zero line.
Key resistance zone: 2525-2555. A breakout could push to 2620.
Intraday outlook: mainly look for low-buy opportunities.
Key support for ETH: 2388 2395
It can’t drop below here—bears should continue
What we can see for the pullback is around the 4-hour high. But the structure is very strong.
There is a possibility of high-level consolidation: prices won’t fall, and the MACD rebound directly breaks above the previous high once it resets to the zero line.
Key resistance zone: 2525-2555. A breakout could push to 2620.
Intraday outlook: mainly look for low-buy opportunities.