4-hour chart Archives - Coin Engineer

Ethereum Bounces From Support: Is $2,880 the Next Target?

Yigit Taha OZTURK — Wed, 09 Jul 2025 08:30:15 +0000

In crypto markets, technical levels can often trigger sharp reversals—and this week, Ethereum provided a textbook example. On the 4-hour chart, the 2,493 – 2,459 USD support zone held perfectly, producing a strong bounce just as expected.

Following the reaction from that level, price climbed up to the 2,697 – 2,633 USD resistance zone, reaching the short-term target outlined in our previous outlook. From a technical standpoint, that initial move has now played out successfully.

You Might Be Interested In: Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?

A Breakout Could Signal the Next Move

Attention now shifts to whether this resistance zone can be broken with a confirmed close on the 4-hour chart. If such a breakout occurs, the next upside target for Ethereum could be around 2,880 USD.

For the moment, the market appears to be pausing, with traders watching closely. To validate further upside, price must break through this area decisively and with strong volume. Otherwise, we may see minor pullbacks before any continuation.

We remain on watch for now, as the technical setup continues to develop.

ETH/USDT pair 4-hour chart.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Ethereum Bounces From Support: Is $2,880 the Next Target? appeared first on Coin Engineer.

Bitcoin Sees Sharp Correction: Key Support Levels in Play

Yigit Taha OZTURK — Fri, 23 May 2025 13:30:12 +0000

After testing its all-time high, Bitcoin has encountered a strong wave of selling pressure following recent news developments. The market is now watching closely, as the asset hovers near critical support levels on the 4-hour chart.

Key Support Zones Under Pressure

According to technical analysis, Bitcoin needs to hold above 106,506$ to maintain bullish momentum. The zone between 105,954$ – 105,368$ is particularly important for continued upside. A breakdown from this range could open the door to a deeper retracement.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Analysts warn that in the event of further downside, BTC may revisit the 102,459$ – 101,666$ support zone, which could act as a potential reversal area.

BTC/USDT pair 4-hour chart.

Strategic Caution for Traders

Traders are advised to be vigilant during these volatile conditions. Employing stop-loss strategies and closely monitoring price action are essential in protecting capital.

With Bitcoin, post-correction recoveries are not uncommon, but staying informed with both technical and on-chain data remains key for making sound decisions.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin Sees Sharp Correction: Key Support Levels in Play appeared first on Coin Engineer.

BNB Approaches Critical Resistance: Holding Above $620 Could Target $640

Yigit Taha OZTURK — Thu, 08 May 2025 18:45:43 +0000

All eyes are back on BNB as the popular altcoin approaches a critical resistance zone at $620. According to technical analysis, if BNB manages to hold above the $620 level on the 4-hour chart, the next upward target lies in the $640 – $644 price range.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

This breakout could indicate a continuation of bullish momentum, especially if backed by strong trading volume. Sustained movement above this level may confirm renewed strength among buyers.

If $620 Support Breaks, FVG Zone Between $613 – $604 Comes Into Play

On the flip side, $620 now acts as a key support level. If BNB fails to hold this level, the next support is found in the $613 – $604 range — a region identified as an FVG (Fair Value Gap) zone.

BNB/USDT pair 4-hour chart.

This FVG zone is considered a potential rebound area where short-term corrections could find buying interest and lead to another bullish attempt. Traders are closely watching this region as it may define BNB’s short-term direction.

The coming sessions will be crucial in determining whether BNB can break out or retrace from these levels.

The post BNB Approaches Critical Resistance: Holding Above $620 Could Target $640 appeared first on Coin Engineer.

TRX Breaks Key Resistance! What’s the Next Target?

Yigit Taha OZTURK — Tue, 18 Mar 2025 15:00:36 +0000

In the crypto market, TRX (TRON) is demonstrating an impressive bullish move. On the 4-hour chart, TRX gained buying pressure from the order block zone and successfully broke the critical $0.216 resistance, accelerating its upward momentum.

Currently, the price is consolidating around the $0.226 level, which is highly crucial for the continuation of the bullish trend. If TRX manages to close above $0.226, a move towards the $0.23 zone is highly probable in the short term. This level is significant for determining the next market direction.

Next Target After $0.23: $0.238!

If TRX successfully breaks the $0.23 resistance, the next target would be the $0.238 zone. There is a key FVG (Fair Value Gap) located in this area, and it could act as a strong resistance level.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

However, if buying pressure continues, breaking above $0.238 could lead to further bullish movements, pushing the price to even higher levels.

TRX/USDT 4-hour chart.

Pullback Scenario: Where Is the First Support?

On the flip side, if the price gets rejected from its current zone, the FVG area formed during the recent rally will act as the first line of support. If this support level is broken, TRX could experience a pullback towards the $0.218 – $0.216 range.

These levels might offer new buying opportunities for investors. However, if these supports fail, the market structure may weaken, and the downtrend could deepen.

The post TRX Breaks Key Resistance! What’s the Next Target? appeared first on Coin Engineer.

TRX Continues Horizontal Movement: What Are the Key Levels?

Yigit Taha OZTURK — Mon, 24 Feb 2025 18:00:37 +0000

The TRX/USDT pair is showing quite a horizontal movement on the 4-hour chart. This suggests that the price is consolidating within a range, possibly preparing for a larger move. Currently, the $0.25 level can be seen as the first resistance point for the pair’s potential upward movement. If the price manages to break through this level, the next resistance will be at the order block region above. This area could act as a critical barrier for the pair’s continued rise.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

On the other hand, in the event of a potential downtrend, the FVG (fair value gap) region could be considered as the first support level. If the price falls below this region, a pullback towards $0.23 could be expected. These levels are crucial for TRX/USDT investors, providing key decision points. Traders can shape their strategies by closely monitoring how the price reacts to these levels.

TRX/USDT 4-Hour Chart

These critical levels present opportunities for investors to evaluate potential price movements and make informed decisions.

The post TRX Continues Horizontal Movement: What Are the Key Levels? appeared first on Coin Engineer.

Jupiter at Critical Support Zone! Will the Downtrend End?

Yigit Taha OZTURK — Tue, 18 Feb 2025 09:30:53 +0000

Jupiter (JUP) continues to test significant technical levels. On the daily chart, if the price drops below the 0.7076 USD level, the 0.63 – 0.65 USD support range becomes highly crucial. This area hosts an unused order block, which indicates that it could provide strong support. A pullback to this region could potentially present a buying opportunity.

Jupiter’s Decline and Key Support Levels

Jupiter has made its way down to important price zones. In the daily chart analysis, if the price breaks below 0.7076 USD, the 0.63 – 0.65 USD range will become an important support zone. This area includes an unused order block, suggesting strong buying interest could emerge if the price reaches this level.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Moreover, previous price actions and trading volumes have made this area a significant price region. If tested, it could trigger strong buying pressure, and the price might bounce back. However, if the price falls below this support, further selling pressure may follow.

What’s Happening on the 4-Hour Chart?

On the 4-hour chart, Jupiter has broken its previous downtrend, attempted a rally but has pulled back to the current support after testing a downward order block level. This indicates that Jupiter is facing a struggle to hold the current levels. The downward FVG (Fair Value Gap) region can serve as a potential resistance level to monitor. Traders may be waiting for a reversal signal at this level.

If the FVG region is broken, the upward movement might strengthen, pushing the price to test higher untested resistance levels. However, the crucial point to watch here is whether buyers will step in. If they do, the price could stabilize and move higher.

The post Jupiter at Critical Support Zone! Will the Downtrend End? appeared first on Coin Engineer.

Ethereum Technical Analysis: Rising Trend on the 4-Hour Chart!

Yigit Taha OZTURK — Mon, 17 Feb 2025 16:30:07 +0000

Ethereum is currently forming a minor uptrend on the 4-hour chart, and its price movements signal potential new highs. A closing above $2800 could create a positive market sentiment. As the price moves above this level, the formation of an upward Fair Value Gap (FVG) could become a key level for traders to monitor. A test of this region and a healthy closure at this level could drive Ethereum into a stronger upward trend.

Key Resistance Levels to Watch

The first resistance level to watch is the previously tested downward FVG. This is a region where the price retraced before moving upward. If it is retested, there is an increased likelihood of encountering resistance at this level. This region should be closely observed by traders as the first critical level to act on.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

The second resistance is located at an untested upward FVG at higher levels. Since this level has not been tested before, the price could potentially move towards it and face significant resistance. Traders should closely monitor movements towards this zone.

Breaking $3050 Could Trigger a Rise to $3250!

If the price breaks above $3050, it could trigger a larger rally for Ethereum. Breaking this level could push the price towards $3250 and potentially higher. A breakout at these levels could lead to Ethereum testing new highs and attracting more investor interest.

Traders should pay close attention to Ethereum’s performance above these levels. For the rally to continue, it is crucial that the price remains above $2800. Any FVGs formed at this level could present significant opportunities for traders looking to take long positions.

The post Ethereum Technical Analysis: Rising Trend on the 4-Hour Chart! appeared first on Coin Engineer.