2025-04-16 05:46:15

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ETH/USDT Technical Overview | 1H Chart Analysis

Ethereum has shown a consistent downtrend in the 1-hour timeframe over the past few days, slipping from a high of $1691.18 to the current $1572.36.

Key Insights:

Parabolic SAR is above the candles, signaling continued bearish momentum.

MACD shows a negative crossover, indicating strong selling pressure (MACD: -2.40, DIF: -12.81, DEA: -10.41).

EMA10 & EMA20 lines are sloping downward, confirming short-term bearish sentiment.

KDJ shows weak strength in the K and D lines (K: 33.96, D: 30.78), staying below the J line.

Volume has slightly increased recently, suggesting seller dominance.

Prediction (Short-Term): If price fails to hold the $1552.71 support zone, we may test lower levels near $1520–$1500. Reversal signs would require a break above $1600 with increasing volume and MACD crossover confirmation.

To strengthen this analysis:

On the 4H timeframe, ETH is also below EMAs, aligning with bearish momentum.

Watching for RSI divergence or a bullish engulfing candle may help detect early reversal zones.

Stay cautious. Always use risk management in volatile markets.
#ETH

ME-6,88%

ETH-7,3%

OVER0,59%

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