Upon close analysis of the 4-hour chart, $ETH is currently exhibiting a bullish flag pattern a classic continuation structure often preceding upward moves.
After facing multiple rejections, Ethereum is now approaching a potential breakout point. If this consolidation structure breaks to the upside, a price surge of approximately 10% to 15% could be anticipated, aligning with typical flag breakout targets.
Key Level: Watch closely for confirmation of breakout above the resistance zone before entering.