📊 Technical Analysis:
Resistance: $4,000 → $4,050 (strong sell pressure)
Immediate Support: $3,850 → $3,780 (bulls must hold to avoid deeper correction)
RSI: Near neutral but tilting lower after rejection
Trend Bias: Still bullish on higher timeframes, but short-term momentum is stalling
🔥 What’s Next?
Bullish Breakout: A daily close above $4,050 could trigger a short squeeze, opening the path to $4,200–$4,300.
Bearish Pullback: Another rejection may send ETH to retest the $3,800 zone before buyers regroup.
💬 Market Sentiment: Cautious optimism – traders are watching for a volume spike to confirm the next big move.
ETH
2,994.87
-0.56%
BNB
900.52
+0.59%
TRX
0.2949
+0.30%