Ethereum Technical Outlook (ETH/USDT)

Ethereum is trading around $3,880, showing continued weakness after multiple rejections near the $4,100–$4,175 resistance zone. The price remains below all key short-term EMAs — 20 EMA ($4,086), 50 EMA ($4,166), and 100 EMA ($3,970) — signaling persistent bearish pressure.

Key Levels to Watch

Resistance:
🔹 $3,991 – 0.382 Fib retracement
🔹 $4,175 – 0.5 Fib & 50 EMA
🔹 $4,359 – 0.618 Fib
🔹 $4,622 – 0.786 Fib
🔹 $4,956 – Previous major swing high

Support:
🔸 $3,762 – 0.236 Fib retracement
🔸 $3,566 – 200 EMA
🔸 $3,354 – Key horizontal support / July low

Indicators & Momentum

The RSI (14) sits at 41.81, indicating weak momentum but not yet oversold. ETH continues to trade within a descending structure, showing sellers remain in control until a clear breakout above the $4,175 region.

Outlook Summary

🔹 Bias: Bearish to Neutral
ETH needs a daily close above $4,175 to confirm renewed bullish strength and target $4,359–$4,622.
Failure to hold $3,762 could extend the decline toward $3,566–$3,354, where stronger demand is expected.

$ETH
#ETHReboundSoon?