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🚨 ETH Is Approaching a Critical Decision Zone – Don't Miss This Move! 👀
ETH/USDT 4H Technical Analysis
Ethereum is currently trading around $1,740, facing rejection below the MA10 ($1,755) and MA30 ($1,769). The short-term trend remains cautious as price is struggling to regain bullish momentum.
📉 Key Levels
Support: $1,720–1,700
Major Support: $1,650
Resistance: $1,760–1,780
Breakout Target: $1,830+
📊 Indicators
MACD: Bearish momentum is weakening, suggesting sellers are losing strength.
RSI: Around 40–45, indicating ETH is close to an oversold recovery zone but confirmation is still needed.
Moving Averages: Price is below MA10 and MA30, so bulls need a strong close above $1,760 to confirm trend reversal.
Trading Plan ✅ Bullish above $1,760 → Targets: $1,800 → $1,830 → $1,900
⚠️ If $1,720 breaks, ETH could revisit the $1,680–1,650 support area.
Patience is key—wait for confirmation before entering a trade. Risk management always comes first.
#Ethereum #ETH #CryptoTrading #TechnicalAnalysis #Altcoins