analysis 📊Ethereum ETH-->>USDT 4H Technical Analysis🚀

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1. Trend Overview

• Ethereum has been in a mid-term uptrend, but recently faced strong rejection around $4,750–4,800.

• After that correction, ETH found support around $4,300–4,350 and is now attempting a recovery bounce.

• Current structure suggests ETH is in a consolidation phase, preparing for the next larger move.

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2. Support & Resistance Zones

• Support Levels:

  • $4,300–4,350 → key local support zone, currently holding.

  • $4,100–4,200 → secondary support area, important for trend continuation.

  • $3,900 & $3,700 → stronger demand zones, in case of a deeper correction.

• Resistance Levels:

  • $4,500–4,600 → immediate resistance, already tested multiple times.

  • $4,750–4,800 → major resistance zone and local top.

  • $5,000 (psychological level) → if ETH breaks above, it could accelerate the bullish trend.

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3. Chart Patterns / Formations

• ETH is currently forming a potential ascending triangle / rising structure, with higher lows pressing against resistance around $4,500.

• If bulls manage to break above $4,600, it could trigger a bullish breakout towards $4,750–5,000.

• If the $4,300 support fails, ETH may retest $4,100 or even $3,900.

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4. Trading Strategy – What I’d Play Now

• Bullish Scenario (Preferred)

  • Entry Zone: $4,350–4,400 (current support range).

  • Stop Loss: below $4,250 (to protect from deeper drop).

  • Take Profit Targets:

    • TP1: $4,500

    • TP2: $4,650

    • TP3: $4,750–4,800

  • If ETH breaks $4,800 with volume → potential extension to $5,000.

• Bearish Scenario (If Support Breaks)

  • If ETH loses $4,300, short setup becomes valid.

  • Entry Zone: below $4,280 after breakdown confirmation.

  • Stop Loss: above $4,400.

  • Take Profit Targets:

    • TP1: $4,100

    • TP2: $3,950

    • TP3: $3,700

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5. Market Sentiment

• Current sentiment: Neutral to Bullish.

• Buyers are defending $4,300 strongly, but resistance at $4,600 remains a critical barrier.

• Breakout above $4,600 will likely trigger momentum buying towards $4,800+.

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✅ Summary

• ETH is consolidating between $4,300 and $4,600.

• Best current play: long from $4,350–4,400 with stops under $4,250, targeting $4,500–4,750.

• If bulls fail and price breaks below $4,300, expect further downside towards $4,100–3,900.

• Trend bias: Bullish continuation if $4,600 breaks.

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⚠️ Disclaimer: This is not financial advice. Always do your own research before entering trades and manage your risk properly.

📊 This analysis is done on the 4H timeframe. For lower timeframes (1H, 15m, 5m) with more precise trade entries, scalping zones, and premium strategies — you can unlock premium access for deeper insights and real-time signals! 🚀