Ethereum (ETH/USDT) 1-hour chart

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Ethereum (ETH/USDT) 1-hour chartEthereum / TetherUSBINANCE:ETHUSDTDr_BeanRecent Movement: Price recently rebounded from a low near 4,400 USDT but is now consolidating just below 4,600 USDT. Trend: The short-term trend shows a recovery from a significant dip on the 26th but with visible resistance overhead. Key Levels Resistance Levels (upside targets): 4,630.06 4,695.88 4,761.70 4,827.52 Major resistance at 4,940.14 (previous swing high) Support Levels (downside risk): Immediate: 4,564.24 (close to current price) Next: 4,498.42 (orange line, critical support zone) Trend & Momentum Short-term trend: Neutral to slightly bullish (due to prior recovery), but momentum is weakening. Potential Scenarios Bullish Case Price must reclaim 4,564.24 and sustain above 4,630 to challenge 4,695–4,761 zones. Breakout above 4,827 can lead to a retest of 4,940. Bearish Case Failure to hold 4,498.42 could trigger a deeper pullback toward 4,400–4,350 zones. Volume spike on red candles would confirm stronger selling pressure. ⚠️ Disclaimer: This chart is for educational purposes only. Regulatory Note: We are an independent development team. Our services are not registered or licensed by any regulatory body in India, the U.S., the U.K., or any global financial authority. Please consult a licensed advisor before making trading decisions.