๐ $ETH โ 4H Market Update
$ETH is forming a bullish channel on the 4H chart ๐. Price has respected the resistance trendline twice and is now attempting a third approach.
๐ฐ Current Price: ~$3,140
๐ฅ Bullish Scenario:
If ETH holds this zone and breaks above the resistance trendline with strength, upside targets are:
$3,399 ๐
$3,600 ๐
โก Bearish Scenario:
If ETH gets rejected at the resistance area, expect a pullback toward:
$3,071 โฌ๏ธ
$2,852 โ ๏ธ
โฒ Stay alert and watch price action closely ๐
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ETH
2,935.17
-6.23%