📊 Ethereum (ETH) Weekly Chart Analysis – Key Levels & Next Move
#ETH #WeeklyChart #ETHERİUM #BEARISH📉
🔹 Trend Analysis :
Ethereum has consistently respected the ascending trendline, rebounding every time it approaches support. This pattern suggests strong bullish defense in place.
📌 Key Price Levels :
Support Zone : $2,500 - $2,655 (Current area of interest)
Major Resistance : $4,000 (Strong barrier for upward momentum)
Upside Targets : $4,348 – $6,000 – $7,439
📉 Bearish Scenario :
ETH is currently testing a key trendline support at around $2,655.
A break below $2,500 could signal a deeper correction.
📈 Bullish Breakout Potential :
A rebound from this support could lead to a rally toward $4,000.
Breaking $4,000 is crucial for ETH to continue its bullish trend and target $6,000+ in this cycle.
⚠️ Conclusion & Pro-Tip :
ETH remains bullish as long as it holds above trendline support.
Break above $4,000 could trigger a strong rally towards $6,000 - $7,439.
Investor Strategy :
Long-term holders should monitor $4,000 as a breakout zone, while short-term traders can look for a bounce at $2,655 for entry. 🚀
