🔍 Structure | Trend | Key Reaction Zones
ETH is trading around 4123, moving inside a descending channel after multiple breakdowns from key supply zones. Price is currently testing the lower boundary near support and may react with a short-term bounce toward higher levels.ETHUSD
🧠 Market Overview:
🔻 Previous strong bullish impulse shifted into a bearish channel.
🔁 Price has tapped FVG and is consolidating below EMA 150.
📉 Support rests at 4114 → 4143 zone.
🔼 Resistance is seen near 4280 → 4350 → 4460.
🎯 Key Scenarios:
🔼 Bullish Breakout Possibility 🚀
If ETH defends 4114–4143,
then potential upside targets are:
KEY POINTS:
🔹 Target 1: 4280
🔹 Target 2: 4350
🔻 Bearish Continuation Possibility 📉
If ETH loses 4114,
then sellers may drag price further into:
🔹 4080
🔹 4020
🔁 Neutral Scenario 🔄
If ETH consolidates between 4140–4280,
expect extended range trading until breakout confirmation.
📌 Current Levels to Watch:
Resistance: 4280 → 4350 → 4460
Support: 4143 → 4114 → 4080
⚠️ Disclaimer: This analysis is for educational and informational purposes only. It is not financial advice. Please conduct your own research before trading.