Technical analysis by HexaTrades about Symbol ETH: Buy recommendation (9/24/2025)
https://sahmeto.com/message/3792789

HexaTrades
Rank: 2177
Analytical Power:
2.1
ETH Oversold Again – Is a Bounce Coming?
:Buy
Price at Publish Time:
$4,171.17

Ethereum (ETHUSDT) on the 4H chart is showing signs of oversold conditions as the RSI once again dips below the 30 level. This setup has historically aligned with local bottoms, where ETH tends to bounce back shortly after reaching such extreme levels of selling pressure. The current price action around $4,170 highlights a critical zone to monitor for potential reversal. If ETH can hold this level and buying momentum steps in, a relief rally could follow in the short term. However, if weakness persists, further downside retests cannot be ruled out. Traders should closely watch RSI recovery and volume confirmation for signals of a stronger rebound.
Source Message: TradingView