The latest 1-hour Ethereum chart on Coinbase is buzzing with action! 📈
A sharp price drop quickly reversed into a strong recovery, forming a U-shaped pattern that hints at bullish momentum.
The price tested a critical resistance level at $2,852.17 but pulled back, marking this as a key level to watch.
Technical signals like the Break of Structure (BOS) and Change of Character (ChoCH) suggest a possible shift in market sentiment.
Can ETH power through this resistance for a bullish breakout? Keep your eyes peeled!
