$ETH #TrendTradingStrategyu #ETH
🔍 Technical analysis (1H):
1. Current trend:
• ETH rejected 4,490 and corrects towards supports.
• Maintains bullish trend in higher timeframes.
2. Supports and resistances:
• Key support: 4,250
• Immediate resistance: 4,370 – 4,440
3. Volume:
• Descending volume in the drop, indicating technical correction rather than mass selling.
4. MACD:
• MACD line below the signal, showing short-term bearish pressure.
⸻
✅ Conclusion:
• ETH in a phase of technical pullback; the 4,250 area will be crucial to determine if it resumes upward or prolongs the correction.
🔍 Technical analysis (1H):
1. Current trend:
• ETH rejected 4,490 and corrects towards supports.
• Maintains bullish trend in higher timeframes.
2. Supports and resistances:
• Key support: 4,250
• Immediate resistance: 4,370 – 4,440
3. Volume:
• Descending volume in the drop, indicating technical correction rather than mass selling.
4. MACD:
• MACD line below the signal, showing short-term bearish pressure.
⸻
✅ Conclusion:
• ETH in a phase of technical pullback; the 4,250 area will be crucial to determine if it resumes upward or prolongs the correction.