ETH/USDT – Weekly Chart Analysis
ETH is testing a major historical resistance between $3,700 – $4,000 (highlighted green zone).
A clean breakout above this level could push price toward the next key resistance at ~$4,660.
Previous accumulation zone around $2,400 – $2,800 (yellow box) now acts as strong support.
Long-term floor at $1,420 and $1,025, though currently far below.
Bullish Breakout Potential: If ETH sustains above the green resistance, it may retest $4,660+.
A failure to break above $4K could lead to a healthy pullback toward the yellow zone (~$2,800).
Stay updated and manage your risk accordingly.
DYOR | NFA
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