📰 What are the current support and resistance levels for ETH?

Current Support and Resistance Levels for ETH:

1. **Support Level**: ETH has strong support between $4,000 and $4,150. This zone served as critical support in the past and is crucial for the bullish case.
2. **Resistance Level**: The immediate resistance is at $4,240 to $4,190. Breaking above $4,550 to $4,571 could signal a new all-time high.
3. **Key Psychological Level**: The $4,200 mark is a psychological resistance level, as it aligns with the 18.618 Fibonacci retracement from the latest high.
4. **Technical Indicator Analysis**:
- The Relative Strength Index (RSI) is at 54.3, indicating a neutral market condition with neither overbought nor oversold status.
- The Moving Average Convergence Divergence (MACD) is negative, with a histogram showing red bars, suggesting bearish momentum.

These levels are subject to change based on market dynamics and news events. Traders should monitor these levels closely for potential trading opportunities and to adjust their strategies accordingly.