🚨 ETH JUST BROKE US$ 4.200

4-hour Ethereum chart:

- ETH is currently trading around US$ 4.190, right in the support zone of US$ 4.150.

- The price is moving within a downtrend channel, showing short-term corrective pressure after the strong rise earlier this month.

- As long as US$ 4.150 holds, ETH may attempt a breakout of the channel and test the resistance/historical high zone of US$ 4.788 again.

- If US$ 4.150 decisively breaks, the next strong support will be at US$ 3.900, which also aligns with longer-term support.

⚡️ Momentum:

- Short-term downtrend structure (lower highs/lower lows).

- A breakout above the channel would make the momentum optimistic again.

🎯 Key levels to watch:

- Support: US$ 4.150 → US$ 3.900

- Resistance: US$ 4.788 (ATH)