ETH/USD 4H Analysis
Ethereum is pulling back from the upper Reversal Zone / resistance area and is now heading towards the Golden Zone 🔥 (demand area marked).
As per the structure, we expect price to retest this Golden Zone, where it has a high probability of finding strong support. Once it respects the zone and shows clear bullish confirmation on the 1-hour, 2-hour & 4-hour timeframe confirmation, we can look for the next bullish pattern.
Key Levels to Watch: 📊
Golden Zone (Support / Demand) → ~2,317 – 2,326 area 🚀💹
Next Reversal Zone (Target) → ~2,409 – 2,553 🎯💯
We are patiently waiting for bullish confirmation before considering fresh long entries. A clean bounce from the Golden Zone would keep the overall bullish structure intact and open the path towards the upper reversal levels.
Note: This is for educational purposes only. Not financial advice. Always do your own research and manage risk properly.
Will ETH/USD respect the Golden Zone and bounce, or do we see more downside first? Drop your thoughts below 👇
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