$ETH – Shakeout at $4,340: Support Test or Bull Trap? ⚡

Ethereum spiked from $4,193 → $4,340, but sellers stepped in hard, knocking price back to the $4,260 zone. Short-term volatility is heating up, with momentum cooling after the rally.

📊 Key Levels

Resistance: $4,340 → Breakout here could fuel a run toward $4,400 – $4,450.

Support: $4,200 → Holding this base keeps bullish momentum alive.

Trend Bias: Neutral → Bullish above $4,200.

🎯 Trade Insight

Bullish Setup: Reclaim & hold above $4,340 → Next upside push toward $4,400 / $4,450.

Bearish Risk: Breakdown below $4,200 → ETH could revisit $4,150 – $4,120.

⚠️ Volatility is rising — watch the $4,200–$4,340 range closely!