Ethereum / TetherUS

ETH/USDT 4h interval chart

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Hello everyone, I invite you to a quick review of the ETH to USDT chart for the 4H period. As we can see, the price is approaching leaving the local triangle, which indicates a possible direction for further movement.

When the price starts to reverse, support levels are visible at $3,088, then support levels are visible at $3,048, and support levels are at $2,986, $2,942, and $2,885.

However, when the price moves up again, it must overcome the resistance at $3,166 to continue towards the strong resistance at $3,264.

Looking at the RSI indicator, we can see that we have entered the upper part of the range, but there is still room for the price to go up.

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