ETHUSDT Analysis
🔎 ETHUSDT Analysis (4H, Binance)
ETHUSDT
Perp
2,525.95
-7.95%
The asset is trading within an upward channel, showing a clear structure of higher lows and higher highs. Below are the key observations:
🔹 Current situation:
Price: ~2794 USDT
Within a local channel between ~2450 and ~2940.
Recently retraced from the top of the channel and is correcting.
A local downward trend (purple line) is forming a potential bullish flag pattern, indicating a possible continuation of the growth.$ETH