$ETH Bulls Aiming for Higher Peaks! 🚀
On the 4h timeframe, $ETH currently at $1796, up by a solid +2%! The 24h high is $1834, with a volume of 1M ETH and 1B USDT.
✅ Key Observation:
showing consistent upward momentum on the 4-hour chart, approaching the 24h high.
Next Target:
🛑 $1834 (testing the 24h high - immediate resistance)
🎯 $1849 (next potential resistance level)
🟢Potential Bullish Targets (if high is broken):
⬆️ $1849
⬆️ $1880
⬆️ $1900 (further potential resistance levels)
🛡️Important Support Levels (to watch for potential pullback):
🛡️ $1718 (potential near-term support)
🛡️ $1653 (stronger support zone)
📈 **Potential Price Path in the Next Days:**
Given the current bullish momentum and the break above previous resistance levels, one likely scenario is that ethereum will continue to test and potentially break the $1834 resistance (24h high). If this occurs with strong volume, the next significant target becomes the $1849 level. A successful break of $1849 could then pave the way for further gains towards the $1880 and $1900 levels in the coming days, especially if the broader crypto market sentiment remains positive.
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