๐Ÿ“Š Ethereum Breakout In Progress โ€“ Is $4,300 Next?

๐Ÿ” Pair: ETH/USDT | Timeframe: 1H | Exchange: Binance

Ethereum just snapped a downtrend and is showing a 23%+ rally from the recent bottom. Letโ€™s break down the structure:

๐ŸŸฅ Distribution Range near $3,940 acted as resistance

๐Ÿ“‰ Followed by a downtrend

๐ŸŸฉ Strong bounce from support at ~$3,360

๐Ÿ“ˆ Now targeting a breakout retest zone around $3,940

๐Ÿง  Key Levels to Watch:

Support: $3,683 | $3,572 | $3,357

Resistance: $3,941

Potential breakout target: $4,300+

This isnโ€™t just a relief rally โ€” itโ€™s a potential trend reversal in motion. If ETH holds key supports and reclaims $3,940 with volume, the next leg could be explosive. โšก๏ธ

๐Ÿšจ Eyes on the breakout zone. Momentum is building.

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