$ETH

USDC Perp – 4H

Price: 1,980

MA(7): 1,971

MA(25): 1,986

MA(99): 1,969

Recent High: 2,148

Recent Low: 1,797

📊 Structure

• Impulse 1,797 → 2,148

• Sharp correction

• Bounce from 1,857 zone

• Lower high near 2,011

• Price sitting between MA(25) & MA(99)

Structure = Recovery inside correction

Trend = Neutral to slightly bullish

MA alignment:

MA7 near MA25

Price above MA99

Compression zone

🔑 Key Levels

Resistance:

2,011

2,088

2,148

Support:

1,934

1,857

1,797

🟢 Bull Scenario 📈

Condition:

4H close above 2,011

Then:

Move toward 2,088

Break 2,088 → push to 2,148

Explanation:

Break of lower-high

Momentum shift upward

MA compression expansion

Buyers regain short-term control

🔴 Bear Scenario 📉

Condition:

4H close below 1,934

Then:

Drop toward 1,857

Break 1,857 → move to 1,797

Explanation:

Failure at resistance

Loss of MA support

Continuation of correction

Sellers regain pressure

Current Zone:

Price stuck between 1,934 – 2,011

Break up = bullish continuation

Break down = bearish continuation