#ETH
ETH/USDT (1H) – Technical Analysis Report
Ethereum is trading around $4,004.80, facing renewed selling pressure after forming a Sell signal near the $4,078–$4,100 resistance area. The short-term trend remains weak, with price action staying below the moving averages and struggling to reclaim the recent breakdown zone.
Immediate support is seen near $3,937–$3,915, which represents a key short-term demand level. A confirmed close below this zone may trigger further downside toward $3,854, and if momentum continues, deeper losses could extend to $3,485.
On the upside, Ethereum must close decisively above $4,080–$4,120 to regain strength. A breakout above this level could push the price back toward $4,310, and further to $4,410 if momentum improves.
Summary:
Below $3,915 → bearish continuation toward $3,854–$3,485.
Above $4,080 → short-term recovery toward $4,310–$4,410.
Overall, Ethereum remains under short-term bearish bias, and a sustained move below $3,915 would confirm further weakness. Buyers need a strong reclaim above $4,080 to shift sentiment back to neutral-to-bullish.
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