ETH/USDT 4-Hour K-Line Analysis: Oversold Weak Rebound, Mid-Term Downtrend Unchanged
Key Support and Resistance Levels
• Resistance Levels
1. First Resistance: 3,000 round figure, resonating with MA10 (2,985.25) and MA5 (2,979.54), forming a key hurdle for bullish rebound.
2. Second Resistance: 3,042.49 (MA20), an important mid-term moving average dividing bullish and bearish forces.
3. Third Resistance: 3,123.77 (MA30), breaking above which can ease mid-term downward pressure.
• Support Levels
1. First Support: 2,900 round figure, serving as the current short-term psychological support during
View Original