#Ethereum
ETH Technical Analysis – 6H Chart
Pattern Formation → ETH trades inside a descending triangle, signaling potential continuation of the current trend.
Resistance Zone → The descending trendline near $2,480–$2,500 remains a firm ceiling, rejecting recent upward attempts.
Key Support → Buyers defend the $2,360–$2,410 zone, preventing further downside so far.
Bearish Pressure → Multiple failed breakout attempts indicate sellers maintain control in the short term.
Bullish Scenario → A decisive close above the trendline could propel ETH toward $2,700–$2,750, unlocking further upside momentum.
Bearish Scenario → A break below $2,360 support may spark a decline to $2,200 or lower, aligning with broader crypto market weakness.
Volume Confirmation → Watch trading volume; rising volume on breakout or breakdown will validate the next major move.
Traders should stay alert for clear signals before entering positions.