ETH/USDT 4h review chart
2024-10-24

Hello everyone, let's look at the current ETH to USDT situation considering the four-hour time frame.  In this situation, we can see how the price defends itself from falling to the local upward trend line.
  Let's start by setting goals for the near future, which include:
 T1 = $2,560
 T2 = $2,628
 T3 = $2734
 T4 = $2,814
 
  Now let's move on to the stop-loss in case the market continues to decline:
 SL1 = $2,496   
 SL2 = $2,441  
 SL3 = $2,353  
 SL4 = $2,279

  Looking at the RSI indicator on a 4-hour interval, we have touched the bottom of the range, which may indicate a temporary end of the correction, which confirms a quick price rebound.