$ETH

🔍 Structure | Trend | Key Reaction Zones

Ethereum is trading around 4347, holding near the 150 EMA support within a descending channel. After a strong bullish impulse from the accumulation zone, price entered a consolidation phase and recently tapped into a fair value gap (FVG). Market is at a decision point inside this corrective structure.

🧠 Market Overview:
đŸ”Œ Previous momentum was strongly bullish from the accumulation base.
🔁 Price is consolidating inside a channel, testing EMA support.
đŸ”č Pending supply block rests higher around 4760–4790 zone.
📉 Key support levels are marked at 4342 and 4160.

🎯 Key Scenarios:

đŸ”Œ Bullish Breakout Possibility 🚀
If ETH breaks above 4460,
then continuation toward:

đŸ”č 4600
đŸ”č 4760 → 4790 (pending block)

đŸ”» Bearish Continuation Possibility 📉
If price rejects from EMA/channel resistance and fails to hold 4342,
then downside may extend toward:

đŸ”č 4160
đŸ”č 4080

📌 Current Levels to Watch:

Resistance: 4460 → 4600 → 4760–4790
Support: 4342 → 4160 → 4080

⚠ Disclaimer: This analysis is for educational and informational purposes only. It is not financial advice. Please conduct your own research before trading.