ETH 4-hour chart technical review: key levels and trading signals overview

【CryptoWorld】The ETH trend in the past few hours is quite interesting. From the 4-hour chart, the price has been oscillating upward over the past two days, but trading volume is shrinking—a typical sign of weakening upward momentum.

The indicators provide several details. Although the MACD has not yet shown a clear direction, the histogram is narrowing, suggesting that the bulls are accumulating strength. The KDJ is currently in the oversold zone, which often signals a potential rebound. The MA10 has already crossed above the MA30, indicating a short-term bullish sign. However, the divergence between volume and price is a bit concerning, implying that the upward move lacks strong conviction.

Specific trading levels:

For going long, you can enter in two stages—around 3083 is the first entry point, and around 3036 can be added later. Set your stop-loss at 3012; if it breaks below this, you should exit. As for targets, 3411 is the first selling point, and 3414.44 is the final profit-taking exit.

Support and resistance levels are also important to keep in mind. As long as support holds at 3074, there is still hope; resistance is at 3411. Recently, the high was 3390.71, and the low touched 3027, so the price is still oscillating within this range.

Overall, the bulls are gathering strength, but a true breakout still requires volume confirmation. Let’s wait for the right opportunity.