🚨 ENCRUCIJADA $ETH ! Four Rejections at $4,600 — Breakout at $5,000 or Drop to $3,800? 📉
We are in a life or death struggle at the key resistance! Ethereum (ETH), the second largest cryptocurrency, is at a critical crossroads after four consecutive rejections at the descending trend line near $4,600. The coming days will decide its fate: do we break out or drop again?
✨ The Resistance Wall: The Ceiling of 4,600 🧱
Analyst Ali points out that ETH is trapped in a downward sloping channel. Every attempt to touch the upper limit near 4,600 has been thwarted by selling pressure, turning this level into the main ceiling.
✅Ceiling: 4,600 (Critical resistance tested 4 times)
✅Medium Support: 4,300 (Mid-channel limit)
✅Strong Support: 3,800 (The level that must hold if the rally fails)
⚠️ Possible Scenarios: Prepare for Both
1️⃣ Bullish Breakout 📈:
If ETH manages to break through 4,600 with volume and a strong daily close, we could see a rapid rise towards 5,000 and the start of a new bullish trend. The breakout must be convincing to avoid a fakeout.
2️⃣ Bearish Continuation 📉:
👀 If $ETH fails for the fifth time at resistance, the probability is that it returns to medium support at 4,300, or even to stronger support at 3,800, keeping the frustrating downward trend intact.
🎯Conclusion: Price action has been respecting the limits of the descending channel like clockwork. Watch the incoming volume at 4,600. Discipline and anticipation are key here.
#Ethereum #ETH #TradingTechnical #CriptoAnálisis #Resistencia 🧠📊
{spot}(ETHUSDT)
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