$ETH is trading at $2,444.32 on the 4-hour chart. The Parabolic SAR points are positioned above current candles (SAR level $2,509.28), indicating short-term downside pressure following a failure to break above the $2,566 local high.
Meanwhile, the RSI(6) reads 38.88, approaching the oversold zone (30) and showing a slowdown in selling momentum. Watching how price interacts with previous support levels is key to evaluating trend strength.
#Ethereum✅ #cryptoeducation
Meanwhile, the RSI(6) reads 38.88, approaching the oversold zone (30) and showing a slowdown in selling momentum. Watching how price interacts with previous support levels is key to evaluating trend strength.
#Ethereum✅ #cryptoeducation
