Here’s a short technical view on Ethereum ($ETH /USDT) – 4H chart:
Current Price: 2,052
24H Range: 1,878 – 2,148
24H Change: +6.9% (strong move)
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📊 Trend & Momentum
Price is above MA(7), MA(25), and MA(99) → short-term bullish shift.
MA(7) > MA(25) → bullish crossover forming.
MACD turning positive with strong histogram expansion → momentum accelerating.
Volume increasing → breakout has participation.
This looks like a relief rally after a downtrend, attempting reversal.
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🔑 Key Levels
Immediate Resistance: 2,100–2,150 (recent high zone)
Next Resistance: 2,240
Support: 1,970–1,990 (MA cluster)
Strong Support: 1,880
Major Base: 1,750
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📈 Bias
Short-term: Bullish
If ETH breaks and holds above 2,150, momentum continuation toward 2,240 likely.
Rejection at 2,100–2,150 → pullback toward 1,980 zone.
Right now structure favors bulls unless price loses 1,970.
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