At 34.7, the 4H RSI for $ETH signals a clear oversold condition. Price is currently $1,573, approaching immediate support at $1,553. Last time the 4H RSI dipped to this level, a notable relief rally followed. The MACD Histogram at -7.699894 confirms current bearish momentum, but Extreme Fear (F&G 12) can often precede local reversals. Watch this critical support zone for a potential bounce. This setup demands attention. 👀

#CryptoSignals #BTC #TechnicalAnalysis #BinanceSquare