Hello Traders,
Here's the latest update on $ETH in the 4-hour timeframe chart.
Since our previous update, ETH has already hit the $2700+ target range twice. Currently, it's approaching resistance and showing signs of rejection. This rejection could push the price back down to the $2400–$2500 range. The RSI is in the overbought zone and is likely to drop.
The only way ETH can deny this rejection is by breaking above the resistance trendline.
Stay cautious and trade safely.
