Hong Kong, April 7th, 8:50 PM, ETH support and resistance levels

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Weekly chart: Slightly bullish (accumulation phase) MACD turning upward, clear bottom features, reversal signals brewing
Daily chart: Slightly bullish (confirmation phase) Head and shoulders bottom breakout, moving averages in a bullish alignment, MACD golden cross with increasing volume, structure confirmed
4-hour chart: Bullish with short-term correction (short-term consolidation) Price pulls back after surge, KDJ death cross, MACD bearish divergence, Bollinger middle band testing support, healthy correction stage

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Reference for short position: around 2130

Reference for long position: around 2047

ETH above resistance levels

First resistance: around 2123 (43% breakout probability)
Second resistance: around 2153 (24% breakout probability)
Third resistance: around 2177 (8% breakout probability)
Fourth resistance: around 2203 (3% breakout probability)

ETH below support levels

First support: around 2077 (11.2% breakdown probability)
Second support: around 2047 (5.8% breakdown probability)
Third support: around 1997 (1.5% breakdown probability)

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