ETH/USDT 4H Analysis – Bulls Showing Early Strength 🚀🔥

ETH is trading around $3,115, showing a solid recovery after bouncing from the $3,030 support zone. The recent 4H candle has reclaimed the MA(25) and is attempting to stay above the MA(7), indicating short-term bullish momentum returning.

Key Observations

📌 Strong Support:

ETH held the $3,030 – $3,050 demand zone, where buyers stepped in aggressively.

📌 Moving Averages Turning Bullish:

MA(7) crossing above price earlier caused a dip,

But now candles are closing back above MA(7) and MA(25) → early momentum shift.

📌 Volume Rising:

A noticeable increase in green volume bars signals buyers gaining confidence again.

📌 Last Major Resistance:

ETH previously rejected near $3,240, making this the next major upside barrier.

Possible Move Next

If ETH holds above $3,100, it can push toward:

🎯 Target 1: $3,180

🎯 Target 2: $3,240 (major resistance)

🎯 Target 3: $3,300 if volume stays strong

Bullish Bias remains valid as long as ETH stays above $3,035.

Risk Level

🛑 Invalidation / Stop-Loss Zone: Below $3,030, selling pressure could return.