$ETH

 Holds Key Support – Eyes Set on $4K Breakout

Ethereum ( $ETH ) is currently holding strong above a critical support zone around $3,500, after retesting the 50% Fibonacci retracement level. According to market analyst @TommyJR, this level is crucial for confirming the formation of a higher low, reinforcing the bullish market structure. 🔍 A sustained hold at $3,500 is essential to maintain the broader uptrend. As long as this zone remains intact, a push towards the $4,000 level remains on the table.

🟢 Adding to the bullish momentum, $ETH has recently broken out of a mini flag pattern, a classic signal of continuation. This breakout could be the catalyst for the next leg up, suggesting that the upward move might already be underway.

⚠ However, the bullish thesis hinges on the $3,500 support. A breakdown below this level could invalidate the upward scenario.

📊 For now, the technical outlook remains positive, with momentum and structure favoring the bulls. provided ETH stays above this key support.

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