🔥 #Ethereum Bulls Eye $4,000 — Is the Next Stop $4,488?
Ethereum (ETH) bounced back strong after finding support at the 78.6% Fibonacci retracement level ($3,397) last Sunday. The move sparked a +16% rally, pushing ETH above the daily resistance at $3,730 by Thursday.
As of Friday, ETH is knocking on the door of its key psychological level: $4,000.
If bulls manage a clean break and close above it, the rally could stretch toward the December 9, 2021 high of $4,488.
📊 Market Signals:
RSI: 65 (bullish momentum)
MACD: Lines converging, red histogram fading → bearish momentum cooling down
Trend: Bullish bias gaining strength, similar to Bitcoin
⚡ Question is — will ETH smash through $4K or take a breather? The next few sessions could be explosive. Follow for more!
