$ETH #HEMIBinanceTGE Ethereum ETH/USDT Analysis #Write2Earrn

After the drop from $4600 and the rebound back to around $4700, the price moved as we expected and reached the first correction areas at $4078 (actually touched $4060).

I then posted that positivity continues and a return to $4290 is possible, which has indeed happened.

However, to confirm the continuation of the upward trend, the correction does not end until there is a rise and a close above $4583.

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✅ Current Situation:

The price is currently trading at $4340 with a good rebound from the support areas, and we notice it is not as weak as the previous rebounds, which is positive.

Anyone who bought from the areas of $4226–$3899 is still in profit 👍.

On the smaller timeframes (1h – 4h), the negatives have started to fade after breaking a downward trend.

The larger timeframes (daily – weekly) need a strong close above the resistances to confirm the trend.

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📌 Important Areas:

Main Support: $4060 – $3899 (potential buying areas if the price returns to correction).

First Resistance: $4564

Confirmation Resistance: $4583 (slight difference between platforms).

Next Resistance: $4788 → breaking it, we expect to record a new peak 🚀.#Write2Earn

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🔎 Summary:

The short-term trend is positive.

On the larger timeframes, we need a daily/weekly close above $4564–$4583 to confirm the target towards $4788 and then a new peak.

In case the correction continues, we monitor the areas of $4060–$3899 as a strong rebound area $ETH