ETH Futures – 1H Timeframe Analysis Update
Currently, $ETH is showing strong consolidation on the 1H chart after a minor pullback. Price is respecting the short-term support zone and forming higher lows, which could signal bullish continuation if momentum confirms.
📊 Indicators I'm watching:
• RSI holding above 50 – bullish momentum intact
• EMA 20 & 50 acting as dynamic support
• Volume slightly increasing near support zone
If price breaks above the recent resistance with volume confirmation, we could see a short-term upside move. However, a breakdown below support may trigger liquidity grabs before the next direction is decided.
⚠️ Risk management is key in futures. Always use stop-loss and avoid over-leverage.
Not financial advice – always DYOR.
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