$ETH – 4H Chart Insight🚨
Current Price: $2,750
EMA(99): $2,600
Correction after rally
ETH recently reached $2,879, showing strong momentum from the bottom of $2,381. However, it is currently correcting after several rejections below the resistance of $2,904.
Key levels to watch:
• Immediate support: $2,685
• Next strong support: EMA99 at $2,600
• Resistance zone: $2,794 – $2,879
Outlook:
If the bulls defend $2,685, we may see another attempt to reach $2,880–2,900. But a break below EMA99 could shift the momentum to a short-term bearish.
What is your next plan with ETH?
Are we returning to $2,900 again, or are we dropping below $2,600?