Ethereum is testing New Resistance around 4,210, forming a potential Head & Shoulders pattern. If price rejects here and breaks below the Neckline (~4,185), we could see a drop towards the 4,068 Day High and the 4,003 OB Buy Zone.
Scenarios:
1️⃣ Bearish Confirmation – Break below the neckline could target 4,068 → 4,003 for a bounce.
2️⃣ Bullish Invalidaton – Strong breakout above 4,210 would cancel the pattern and extend the bullish run.
Key Levels:
Resistance: 4,210
Neckline: ~4,185
Supports: 4,068 / 4,003 / 3,879
Bias: Bearish if neckline breaks; bullish continuation possible above resistance.
📌 Watching closely for neckline reaction — this is the trigger for the next big move.
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