Technical analysis by cyscalpingvip about Symbol ETH: Buy recommendation (3/19/2025)

Ethereum (ETH/USDT) Analysis – 4H Chart (OKX)Support Levels:First support: 1,912 USDTNext support: 1,911 USDT – 1,909 USDTKey support: 1,889 USDTResistance Levels:First resistance: 1,933 USDT (Supply Zone)Next resistance: 2,048 USDTMajor resistance: 2,244 USDT (Fibonacci 0.382 zone)Entry Points:If the price holds above 1,911 - 1,912 USDT, it could be a Long entry opportunity.If the price breaks 1,933 USDT with strong buying volume, it may test 2,048 USDT.If the price drops below 1,889 USDT, selling pressure may increase.Risk Assessment:If the price breaks 1,889 USDT, it may drop further to 1,876 - 1,753 USDT.Stop-loss should be placed below 1,876 USDT.Trade Conditions:ETH is currently in a consolidation phase, with key resistance at 1,933 USDT.A breakout above this level could lead to a test of 2,048 USDT and beyond.A breakdown below 1,889 USDT may trigger further selling pressure.📌 Summary:ETH is in a potential rebound phase. If it holds above 1,911 - 1,912 USDT, there is a chance for an uptrend. However, if it falls below 1,889 USDT, it could decline further. Watch out for volume and price action before making a trade decision. 🚀