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🚨 ETH Technical Update (4H Timeframe) 🚨
$ETH is currently trading around $1,718, showing signs of consolidation after a strong recovery from the $1,505 support zone. Price is moving near the MA5, MA10, and MA30, indicating a battle between bulls and bears.
📊 Key Observations:
✅ Strong support remains at $1,680-$1,700
✅ Major resistance at $1,780-$1,820
✅ RSI is near 45-50, suggesting neutral momentum with room for upside
✅ MACD is flat, signaling a potential breakout move soon
✅ If ETH closes above $1,750 on 4H, bulls may target $1,850+
📈 Trading Strategy:
Bullish above $1,750
Bearish below $1,680
Current structure favors accumulation rather than panic selling.
Smart money usually enters during boring consolidation phases. Watch volume closely—next major move could be explosive.
Follow for more high-probability crypto setups and market insights! 🔥
#ETH #Ethereum #CryptoTrading #Altcoins #CryptoNews