#Ethereum (ETH/USDT) Technical #Analysis

_Based on Alkon Harmonics Technical #Indicator operated by Abdul Wahab (Baishah)_

- *Current Price*: ETH/USDT ~4,692 USDT (Binance, 2h timeframe)

- *Key Levels via Alkon Harmonics*:

- *Immediate Resistance*: 5,000 USDT - a crucial level to watch for breakout potential

- *Next Significant Level*: 5,485.77 USDT (purple level) - potential target if resistance is overcome

- *Support*: Holding above recent consolidation zones; watch for stability above ~4,500 USDT

🔍 *Alkon Harmonics Insight (Baishah)*:

Patterns suggest Ethereum is in a phase requiring a push past 5,000 USDT for further bullish momentum. The indicator highlights potential harmonic alignments pointing towards watching this resistance carefully for trading opportunities.

📈 *Trading Consideration*:

- *Breakout above 5,000 USDT*: Could open path towards 5,485.77 USDT

- *Support holds*: Stability above ~4,500 USDT keeps bullish bias intact

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