Technical Analysis For ETH

Ethereum is trading around $3,851, continuing its corrective decline after multiple rejections near $4,400–$4,500. Price recently slipped below the 0.382 Fib ($3,991) and is now hovering just above the 0.236 Fibonacci retracement ($3,762) — a key support region where bulls are attempting to stabilize momentum.

🕯️ EMA Overview

20-day EMA: $4,163

50-day EMA: $4,207

100-day EMA: $3,973

200-day EMA: $3,552

ETH is currently below all short-term EMAs (20, 50, 100), showing continued bearish momentum.
However, the 200-day EMA ($3,552) sits just below current price and could act as a strong dynamic support if tested.

🔹 Key Support Levels

$3,780 – $3,760: 0.236 Fib & local demand zone

$3,550: 200-day EMA (major trend support)

$3,350 – $3,400: Previous swing low & full retracement zone

🔸 Key Resistance Levels

$3,975 – $3,990: 0.382 Fib & 100-day EMA

$4,175 – $4,200: 0.5 Fib & 20/50 EMA cluster

$4,360 – $4,400: 0.618 Fib retracement and strong resistance

$4,622: 0.786 Fib and next bullish target

📈 RSI (14)

RSI sits around 40.0, signaling bearish to neutral momentum. The oscillator is approaching the oversold region, suggesting sellers may be losing strength near current levels.

⚙️ Outlook Summary

Trend: Bearish short-term, neutral-to-bullish long-term

Momentum: Weak but stabilizing

Bias: Watching for rebound from $3,750–$3,550 support zone

Invalidation: Breakdown below $3,550 may trigger deeper pullback toward $3,350

🔹 Summary:
ETH remains in correction mode but is nearing a critical support zone between $3,750 – $3,550.
Holding above the 200-day EMA could spark a short-term rebound toward $3,975–$4,200.
However, a breakdown below $3,550 could accelerate losses toward $3,350.

$ETH
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