#ETH Thoughts on

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$ETH on the 4H timeframe is trading inside an ascending channel and is currently near the channel support zone, already showing signs of a bounce.

If $ETH happens to break below this channel, the next key level to watch is the horizontal support zone below. This isn’t a signal to short $ETH — but if that dip happens, it could be a solid long opportunity from that support zone. Just wait for price to come to you.