📉 $ETH At a Critical Crossroads!
As evident in the chart (4-hour interval), Ethereum has bounced from the strong resistance at $2736 after a failed attempt to break through, and is now heading to test the ascending support line drawn since mid-month.
🔍 Possible Scenarios:
• ✅ If the ascending support line is respected: we may see a new attempt to break the resistance.
• ❌ Breaking the ascending trend: the price may retest areas below $2500.
📊 Follow-up Areas:
• Resistance: $2736
• Dynamic Support (yellow trend)
Watch the price action closely, as a break or a bounce will determine Ethereum's direction for the coming days.
#ETH #Ethereum #CryptoAnalysis
