📊 Technical Indicators Summary

1. Price movement
ETH is currently trading around $2,511.97.
It is consolidating between $2,500 (support) and $2,700 (resistance).
Price moves sideways until there is a clear breakout.
2. Moving Averages
On the 4-hour chart, the 7-period EMA is close to the 25-period EMA.
Bullish crossover (, when the EMA crosses the 25 EMA), will indicate a potential upward trend.
However, if the price drops below both EMAs, it may signal a continuation of the bearish trend.
3. Relative Strength Indicator (RSI)
The RSI is around 49.07, which is neutral (neither overbought nor oversold).
This shows uncertainty in the market but leaves room for momentum in either direction.
4. Chart Template
ETH is forming an ascending triangle, which is typically a bullish pattern.
A breakout above the triangle resistance could take ETH to $3,760.
🔮 Possible scenarios
🔻 Bearish scenario
If ETH falls below $2,500, the next key support will be around $2,400.
Bearish divergence in RSI suggests potential downward pressure.
🔺 Bullish case
A clean breakout above $2,700 and the crossing of the EMA will confirm bullish momentum.
In this case, ETH could target $2,800–$3,000, and even higher at $3,760 ( based on the breakout target of the triangle ).
📌 Conclusion
ETH/USDT is currently in a neutral or slightly bullish phase on the 4-hour time frame. Key levels to watch:
Support: $2,500
Resistance: $2,700
The target breakout price (, if the triangle resolves upwards ): $3,760 #ETH#