Overview on $ETH on the 4-hour chart:

#Ethereum is currently trading around $2680-$2700, approaching important resistance. The latest candles show a strong upward movement, but ahead is the area where the price reversal occurred earlier.

📉 Downside scenario:

The first target will be the $2586-$2530 zone, where buyers' activity was observed earlier.If the pressure intensifies, a deeper pullback up to $2295-$2256 is possible. This will lead to a correction, where the first target is the zone where the previous acceleration started.

📈 The alternative is a continuation of growth:

If the asset manages to break and consolidate above $2706 with confidence:

The next move could continue towards $2850, $3000 and even $3100+ levels.

Now the market is waiting for: either a climax before the reversal, or an impulse to continue. Watch the reaction and take your time - the best entry points appear after confirmation.

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Buy and Trade $ETH here

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