$ETH Weekly Technical Analysis
ETH trading volume increased as the price approached its all-time high, but upward momentum began to fade —signaling potential exhaustion in the rally.
On the daily chart, a double top appears to be forming, pointing to a downside target near the previous low of ~$3,900.
🔥 Key levels:
Support 1: $4100
Support 2: $3800-3900
Resistance: $4950
#Ethereum #techincalAnalysis
ETH trading volume increased as the price approached its all-time high, but upward momentum began to fade —signaling potential exhaustion in the rally.
On the daily chart, a double top appears to be forming, pointing to a downside target near the previous low of ~$3,900.
🔥 Key levels:
Support 1: $4100
Support 2: $3800-3900
Resistance: $4950
#Ethereum #techincalAnalysis