🚨 $ETH HITS $4,200 MARK
Ethereum 4H Snapshot:
ETH is hovering around $4,190, testing the crucial $4,150 support area.
Price is moving within a descending channel, indicating a short-term pullback after the strong surge earlier this month.
Holding $4,150 could give ETH a chance to break out of the channel and challenge the $4,788 resistance / all-time high.
A clear break below $4,150 would open the door toward the next major support around $3,900, which lines up with higher time frame support.
⚡ Momentum Check:
Short-term trend shows bearish pressure (lower highs & lows).
A breakout above the channel could shift momentum back to bullish.
🎯 Levels to Watch:
Support: $4,150 → $3,900
Resistance: $4,788 (ATH)