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🔥 ETHUSDT 4H Update – Don't Miss This Setup! Follow for high-probability crypto analysis and market insights. 🔥
:::writing{variant="social_post" id="68425"} 📊 ETHUSDT (4H) Technical Analysis
Ethereum is currently trading around $1,632 after a strong bearish move from the $2,400+ region. The recent bounce from $1,504 support shows buyers are defending this zone, but price remains below key moving averages, meaning the broader trend is still cautious.
✅ Bullish Scenario (BUY): If ETH holds above $1,600-$1,620 and breaks $1,690, buyers could target: 🎯 $1,750 🎯 $1,850 🎯 $1,960
A strong volume breakout above resistance would confirm bullish momentum.
❌ Bearish Scenario (SELL): If ETH loses $1,600 support, sellers may push price toward: 🎯 $1,550 🎯 $1,504 🎯 $1,450
MACD is showing recovery signs, while RSI remains neutral, suggesting a breakout is approaching. Traders should wait for confirmation before entering aggressive positions.
⚠️ Trade with proper risk management and always use a stop loss.
#ETH #Ethereum #CryptoTrading #BTC #Altcoins :::