Technical analysis by SepidehArjmand about Symbol ETH on 8/8/2025
https://sahmeto.com/message/3692447

SepidehArjmand
Rank: 1431
Analytical Power:
2.5

📊 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.
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Signal Type: Neutral
Time Frame:
4 hoursPrice at Publish Time:
$3,967.27