📉 $ETH at a Critical Crossroads!
As evident in the chart (4-hour interval), Ethereum bounced off the strong resistance at $2736 after a failed breakout attempt, and is now heading to test the upward support line drawn since mid-month.
🔍 Possible Scenarios:
• ✅ If the upward support line is respected: We may witness another attempt to break the resistance.
• ❌ Breaking the upward trend: The price may revisit areas below $2500.
📊 Areas to Monitor:
• Resistance: $2736
• Dynamic Support (yellow trend)
Monitor price movement carefully, as the breakout or rebound will determine Ethereum's direction for the coming days.
#ETH #Ethereum #CryptoAnalysis #Darar_Alhadari