Ethereum (ETHUSD) Shows Signs Of Short-Term Pullback Before Continuation

ETHUSD shows signs of short term pullback before continuation. Technically, ETHUSD has broken below a minor rising trendline after peaking near $4,110, suggesting an early stage of profit-taking. The $3,530–$3,460 zone represents the first notable support area, while a deeper retracement could see the price revisit the $3,160–$3,000 order block and fair value gap region. This region has historically attracted strong buying interest, making it a likely candidate for a rebound zone if reached. The current price movement mirrors prior cyclical dips within an ongoing trend, reflecting market participants’ tendency to re-enter at value points.

 
Looking ahead, a controlled decline toward the $3,460 or even $3,160 region may set the stage for renewed bullish momentum. Should price find sustained support here, the uptrend could reassert itself with targets first near $3,760 and subsequently the $4,110 resistance zone. In the medium term, a break above $4,110 would likely accelerate momentum toward $4,870 and possibly $5,500. Thus, while a short-term corrective phase appears probable, the overarching trajectory for ETHUSD remains decisively upward.

ETH Key Levels

Supply Levels: $4110, $4870, $5500
Demand Levels: $2860, $3160, $3530

What are the indicators saying?

Ethereum’s recent bullish advance has positioned the asset comfortably above key structural support levels, yet short-term market signals suggest a potential corrective phase. The daily stochastic oscillator is declining from overbought territory, indicating fading upward momentum. Price action remains well above the 9-day simple moving average at $3,760, reinforcing the broader uptrend despite near-term exhaustion.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

Follow @ItuGlobal

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments are closed

WHAT IS ADVFN?

ADVFN covers all things stock market.

From the news and opinion pieces on pages like this to share discussion forums, charting tools, financials, live share prices and Level 2, order book data

If you trade or invest ADVFN has the tools you need to make the right decisions.

• 

  101 Ways to Pick Stock Market Winners

  You need the number one bestselling investment guide, the definitive text for day traders, investors and stock pickers.

• 

  The Death of Wealth

  Dissecting the global economy and the financial markets, the book lays out the evidence for the next economic game changer: the Death of Wealth.

• 

  Lee Wild

• 

  Clem Chambers

• 

  The OMG Team

• 

  Andre Minassian