š $ETH ā 4H Market Update
$ETH is forming a bullish channel on the 4H chart š. Price has respected the resistance trendline twice and is now attempting a third approach.
š° Current Price: ~$3,140
š„ Bullish Scenario:
If ETH holds this zone and breaks above the resistance trendline with strength, upside targets are:
$3,399 š
$3,600 š
ā” Bearish Scenario:
If ETH gets rejected at the resistance area, expect a pullback toward:
$3,071 ā¬ļø
$2,852 ā ļø
ā² Stay alert and watch price action closely š
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ETH
3,171.04
-4.64%