📊 ETH/USDC Analysis (4-Hour Chart)
Ethereum is currently trending downwards after breaking several support levels, but the price is nearing a strong support zone around 2160 – 2140, which could be a potential bounce point.
🔍 Technical Indicators
RSI(14) at 29.8 → the coin is in oversold territory, increasing the likelihood of a reversal.
Current Support: 2160 – 2140
First Resistance: 2220
Second Resistance: 2280
#Ahmed_BTTC
$ETH
Ethereum is currently trending downwards after breaking several support levels, but the price is nearing a strong support zone around 2160 – 2140, which could be a potential bounce point.
🔍 Technical Indicators
RSI(14) at 29.8 → the coin is in oversold territory, increasing the likelihood of a reversal.
Current Support: 2160 – 2140
First Resistance: 2220
Second Resistance: 2280
#Ahmed_BTTC
$ETH