$ETH ๐ Ethereum (ETH/USDT) โ Binance 4H Chart Analysis โ Today
๐ Timeframe: 4-Hour
๐ฒ Current Price Approx: ~$2,400โ$2,550 (ETH/USDT) on Binance as of today.
Market Condition:
ETH is showing continued downward traction after recent drops and trading inside a broader range structure. Price is testing critical support zones with bearish pressure still present, but short-term bounces are possible if support holds.
๐ Key Levels to Watch (4H)
Support Zones
๐น Support #1: ~$2,700โ$2,720 โ short-term defense zone (near current local demand). ๏ฟฝ
๐น Support #2: ~$2,530โ$2,550 (recent lower boundary). ๏ฟฝ
๐น Deeper Support: ~$2,400 psychological level (watch for break/hold).
Resistance Zones
๐ Resistance #1: ~$2,700โ$2,760 โ first key supply band. ๏ฟฝ
๐ Resistance #2: ~$2,880 โ next upside target if bounce gains strength.
๐ Major Resistance: ~3000โ3200 range if cleared.
๐ Trade Setups (4H)
1) Bullish (Long) Setup
๐ Entry: Buy near support zone $2,530โ$2,550 after confirming a bounce/positive candles.
๐ Stop Loss: Below $2,480 (close under support).
๐ฏ Targets:
โข TP1: $2,700 (first resistance)
โข TP2: $2,880 (next resistance)
โข TP3 (Aggressive): $3,000โ$3,200 if strong breakout momentum.
Logic: Price is compressing near support โ if buyers defend this zone on 4H closes, upside momentum could push ETH back to upper range.
2) Bearish (Short) Setup
๐ Entry: Short on rejection $2,760โ$2,780 if price fails to break above resistance.
๐ Stop Loss: Above $2,830โ$2,850.
๐ฏ Targets:
โข TP1: $2,630
โข TP2: $2,550
โข TP3: $2,450 / lower support zone
Binance
Logic: Continued bearish pressure and failed reclaim above local resistance increases downside continuation risk.
๐ Risk Management
โ ๏ธ Always trade with stop losses โ crypto markets are volatile.
โ๏ธ Keep position size small relative to your capital.
โ๏ธ Confirm entries with clean 4H candle closes and volume reaction at support/resistance.
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