🚀 Technical Analysis - ETH/USDT (4H Chart) 🔍
The ETH/USDT pair is showing mixed signals on the 4-hour chart:
📈 Resistance: $3,620 | Support: $3,480
🔑 Indicators:
RSI: Overbought (above 70), signaling a possible correction or consolidation.
Stochastic: Confirms overbought zone.
MACD: Positive crossover suggests buying strength, but watch for reversals.
VPVR: High volume in the $3,520 - $3,550 region, indicating a key decision zone.
🎯 If it breaks $3,620, the price may seek new highs. However, a return below $3,480 may indicate a pullback.
⚠️ Warning: Remember to manage risks and trade with caution!