(4-hour frame – ETH/USDT):
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📌 Technical Summary (4h)
Current Price: around $3032
Nearby High: $3099
Moving Averages:
EMA7 ≈ 3034$ (price is slightly below → beginning of slight pressure)
EMA25 ≈ 2986$ (strong nearby support)
EMA99 ≈ 3061$ (important resistance overhead)
> The price is currently trapped between EMA99 resistance and EMA25 support → area of indecision.
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🔎 Indicators
Indicator Status Interpretation
RSI (53) Neutral No overbought/oversold — could go in any direction
Stoch (56–68) Exiting overbought Leaning towards slight decline before new decision
MACD Weak and leaning down Loss of buying power recently
Volume Low Difficult breakout without liquidity
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📍 Important Levels
Resistances:
3060$ → Technical resistance (EMA99)
3099$ → Last high
3170$ → Breaking this would strongly resume the uptrend
Supports:
2990–2980$ → Quick support (EMA25)
2890$ → Stronger support
2740$ → Major support in case of breakdown
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🎯 Potential Scenarios
1️⃣ Positive Scenario (Breakout)
If a 4h candle closes above 3061$ + volume:
> First target: $3100
Second target: $3170+
2️⃣ Negative Scenario (Support Break)
If it breaks 2986$ with a clear close:
> Gradual decline towards: 2890$ then $2750
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📌 My Technical Opinion Now
The market is currently indecisive (accumulation phase)
It's best to wait for a clear breakout above 3060$ before buying
