Ethereum has tapped into the 3.95K resistance zone after a strong upward run, with Stoch RSI now cooling off from overbought levels. Price action suggests a potential pullback toward the 3.77K–3.78K support zone, which aligns with prior breakout structure and moving average support.
If buyers defend this retest, momentum could carry price through the 3.95K barrier and open the door for continuation toward 4K+. Failure to hold the lower zone, however, may trigger a deeper correction into the mid-3.6K range.
Key watchpoints:
– Retest of prior breakout level at 3.77K
– Stoch RSI oversold potential bounce setup
– Clear resistance overhead at 3.95K to break for further upside
If buyers defend this retest, momentum could carry price through the 3.95K barrier and open the door for continuation toward 4K+. Failure to hold the lower zone, however, may trigger a deeper correction into the mid-3.6K range.
Key watchpoints:
– Retest of prior breakout level at 3.77K
– Stoch RSI oversold potential bounce setup
– Clear resistance overhead at 3.95K to break for further upside
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We provide education & tools.
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We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.