📊 ETH/USDT 4H Technical Analysis

🔹 Current Price: $3,106

ETH is trading slightly below the MA-7 (3,122) and sitting near the MA-25 (3,080) on the 4H chart — showing short-term consolidation after failing to break above $3,151 resistance.

🔍 Key Technical Observations

1️⃣ Resistance Zones

$3,150 – $3,180 → Major resistance, rejected multiple times

$3,240 → Previous swing high, strong supply zone

ETH must break $3,150 with volume to confirm a bullish continuation.

2️⃣ Support Zones

$3,080 → MA-25 support

$3,035 → Horizontal support

$2,995 – $3,000 → Major support (MA-99)

As long as ETH holds above $3,080, bulls remain in control.

3️⃣ Moving Averages (MA Trend)

MA-7 crossing sideways → Short-term indecision

MA-25 acting as support

MA-99 rising smoothly → Mid-term bullish trend intact

This shows the market is retesting support before next move.

4️⃣ Volume Analysis

Volume is declining, indicating:

Market is waiting for a breakout

Low volatility before a strong move

A volume spike will determine next direction.

📉 Bearish If…

If ETH closes below $3,080, price may retest:

$3,035

$2,995

This would indicate short-term weakness.

📈 Bullish If…

A breakout above $3,150 with strong volume can push ETH towards:

TP1: $3,200

TP2: $3,240

TP3: $3,300

📌 Summary

ETH is currently range-bound, holding support around $3,080–3,100, but struggling to break $3,150.

Next big move will come after a breakout from this tightening range.