💥 $ETH – CORRECTION OR BULLISH REENTRY?
Ethereum pulled back from $4,780 but is holding strong above $4,550 and the 100-hour SMA, with a key bullish trend line at $4,500. Buyers defended $4,480 after a sharp dip, sparking renewed momentum. A breakout above $4,700 could open the way to $4,780, and potentially $4,880–$5,000.
However, failure to clear $4,700 may trigger another retest of $4,550 and $4,500, with deeper support at $4,400–$4,315. Bulls remain in control as long as $4,500 holds.
Key Levels:
Support – $4,550 / $4,500
Resistance – $4,700 / $4,780
