$ETH This is a 4-hour chart of Ethereum (ETH/USD) from Coinbase, showing technical analysis with trend lines, support/resistance levels, and key price zones.

🔍 Chart Breakdown:

Current Price: ~$2,524

Resistance Zone:

Main Resistance: ~$2,851.26

Final Target: ~$2,855.30

Shown in red at the top of the chart.

Support Levels:

Key Support: $2,443.70 (marked in green)

Next Major Support: Around $2,150 (bottom blue zone)

Trendlines:

Black ascending trendline: Acting as short-term support.

Red ascending channel: Recently broken to the downside.

Bearish Signal:

Price broke down from the red rising wedge (bearish pattern).

A retest of the black trend line could lead to another drop.

Green arrow points down, indicating a potential bearish move back to $2,443.70.

🧠 Interpretation:

If price fails to hold the black trend line, a drop to ~$2,443 is likely.

If it holds, ETH may consolidate or attempt a move back up.

Would you like a short-term trading idea or stop-loss/target suggestions based on this chart?