On the H1 frame, Ethereum (ETH) is retesting the descending triangle area. The chart shows: • Important support: 4200 – 4100 USD (buy zone). If it holds, ETH may bounce back. • Short-term resistance: 4485 – 4650 USD. This is the level to break to confirm the retracement wave. • Higher target: 4810 – 4950 USD if the breakout is successful. • Strong support: 4350 USD – if it breaks, the risk of a deep dump.
📊 back to the triangle pattern, will it bounce or flip this time 💡 The market can be highly volatile, so manage your capital very carefully!
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