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🚨 ETH Is Testing a Critical Zone – Big Move Loading? 👀
$ETH is trading around $1,862 on the 4H chart and sitting below the MA10 (1,875) and MA30 (1,904), showing short-term bearish pressure. However, RSI is approaching oversold territory, meaning sellers could be losing momentum. A strong reclaim above $1,875–1,905 may trigger a bullish recovery, while losing $1,845 could open the door to $1,800.
📊 Key Levels:
Support: $1,845 → $1,800
Resistance: $1,875 → $1,905 → $1,955
Trade Idea:
Bullish Entry: Above $1,875 after confirmation.
Bearish Scenario: Below $1,845, expect further downside.
Risk Management: Always use a stop-loss and wait for confirmation before entering.
The next few candles could decide ETH's short-term trend. Stay patient and trade the setup, not the emotion.
#Ethereum #ETH #CryptoTrading #Altcoins #TechnicalAnalysis