ETHUSDT – 4H Chart Update
ETH is compressing near the lower trendline of a rising channel, showing loss of momentum but no breakdown yet.
Price holding ~2,900 support
Trading below short-term MA → consolidation phase
Structure suggests base building rather than distribution
Support: 2,900 – 2,850
Strong Support: 2,700 – 2,750
Major Support: 2,500
Resistance: 3,000 – 3,050
Supply: 3,300 – 3,400
If 3,050 breaks: momentum can expand toward 3,300+
If 2,850 fails, the price may revisit 2,700
Extreme Fear + channel support often hints at quiet accumulation.
DYOR | NFA
ETH is compressing near the lower trendline of a rising channel, showing loss of momentum but no breakdown yet.
Price holding ~2,900 support
Trading below short-term MA → consolidation phase
Structure suggests base building rather than distribution
Support: 2,900 – 2,850
Strong Support: 2,700 – 2,750
Major Support: 2,500
Resistance: 3,000 – 3,050
Supply: 3,300 – 3,400
If 3,050 breaks: momentum can expand toward 3,300+
If 2,850 fails, the price may revisit 2,700
Extreme Fear + channel support often hints at quiet accumulation.
DYOR | NFA
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