Ethereum is holding above the critical $4,200–$4,300 level. A breakdown below $4,300 could risk a 10% correction toward $3,950 Immediate upside resistance ranges from $4,865–$4,900. A daily close above the 50-day SMA (~$4,567) could open doors to higher levels, including $5,100 and beyond. ETH is currently oscillating between $4,200 support and $4,800 resistance, with RSI around 52—neutral but leaning bullish.
ETH defends $4,300–$4,200, breaks above $4,567 (50-day SMA), likely targets the $5,000–$5,100 zone. If momentum sustains, megaphone breakout could see $7,000–$10,000 levels. Failure at $4,300 opens downside risk toward $3,950 or even $3,800. A break below would break critical structure and invalidate short-term bullish setups.
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ETH Price Analysis :
Ethereum is holding above the critical $4,200–$4,300 level. A breakdown below $4,300 could risk a 10% correction toward $3,950
Immediate upside resistance ranges from $4,865–$4,900. A daily close above the 50-day SMA (~$4,567) could open doors to higher levels, including $5,100 and beyond.
ETH is currently oscillating between $4,200 support and $4,800 resistance, with RSI around 52—neutral but leaning bullish.
ETH defends $4,300–$4,200, breaks above $4,567 (50-day SMA), likely targets the $5,000–$5,100 zone. If momentum sustains, megaphone breakout could see $7,000–$10,000 levels.
Failure at $4,300 opens downside risk toward $3,950 or even $3,800. A break below would break critical structure and invalidate short-term bullish setups.
Entry Range: $4,200–$4,300
Targets: Short-term: $4,800–$5,100; Long-term: $7,000–$10,000
Stop-Loss Guidance: Below $4,200 – adjust to $3,950 if using longer-term approach.
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