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Technical analysis by SepidehArjmand about Symbol ETH on 8/8/2025

https://sahmeto.com/message/3692447
SepidehArjmand
SepidehArjmand
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📊 Ethereum Technical Analysis | August 8, 2025 Ethereum has shown a strong bullish reaction after bouncing from the key $3,893 support zone, confirming the move with a solid bullish candle. If this support holds and further bullish signals appear, the next upside targets will be: $4,088 $4,140 And potentially $4,291. 🔻 However, if the $3,893 support fails and price closes below it, the next important support to watch is around $3,757, which could act as a barrier against deeper declines. 📌 Summary: Holding above $3,893 keeps the bullish scenario alive for Ethereum, while losing this level may increase selling pressure. Mark these key levels on your chart to make more precise trading decisions.

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$3,967.27
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