$ETH
ETH/ USDT - 4H CHART PRO UPDATE
$USDT ETH Price $2,584.02 (-1.62%)
Market Breakdown
1 Price Action
Massive recovery from $2,358.88 bottom to $2,668.00 top. Almost +13% rally in few days. Now facing healthy correction at $2,584. The long upper wick on 4H shows strong selling pressure at the top.
2 Key Levels to Watch
Resistance: $2,668.00 The level to break for continuation.
Immediate Support: $2,564.33 (24h Low) $2,547.44
Strong Support $2,479 & $2,358.88
3 Volume Insight
24h Vol: 181,614 ETH / 477.87M $USDT. Volume spiked during the pump, now cooling down - MA(5): 31.3K < MA(10): 54.9K indicating pullback is natural, not panic selling.
My Outlook,
If ETH fails to hold above $2,600, we can see a retest to $2,540 - $2,500 zone. A 4H close above $2,668 will open the door for $2,730+
Not financial advice. DYOR.
What do you think? Will ETH hold $2,500?
#ETH #Ethereum #ETHUSDT #Crypto #BinanceSquare
ETH/ USDT - 4H CHART PRO UPDATE
$USDT ETH Price $2,584.02 (-1.62%)
Market Breakdown
1 Price Action
Massive recovery from $2,358.88 bottom to $2,668.00 top. Almost +13% rally in few days. Now facing healthy correction at $2,584. The long upper wick on 4H shows strong selling pressure at the top.
2 Key Levels to Watch
Resistance: $2,668.00 The level to break for continuation.
Immediate Support: $2,564.33 (24h Low) $2,547.44
Strong Support $2,479 & $2,358.88
3 Volume Insight
24h Vol: 181,614 ETH / 477.87M $USDT. Volume spiked during the pump, now cooling down - MA(5): 31.3K < MA(10): 54.9K indicating pullback is natural, not panic selling.
My Outlook,
If ETH fails to hold above $2,600, we can see a retest to $2,540 - $2,500 zone. A 4H close above $2,668 will open the door for $2,730+
Not financial advice. DYOR.
What do you think? Will ETH hold $2,500?
#ETH #Ethereum #ETHUSDT #Crypto #BinanceSquare
