🔹 $ETH

ETHUSDT

Perp

3,289.5

+5.87%

ETH — 4H Market Update

ETH is currently forming a *bullish channel on the 4H timeframe, and price has already respected the resistance trendline twice. 📊

🏧 *Current Price: ~$3,140

ETH is attempting to approach the resistance trendline for the *third* time a critical level for the next move. ❗️

*📈 Bullish Scenario:*

👉🏻 If ETH holds this zone and breaks above the resistance trendline with strength, upside targets are:

➡️ $3,399 – $3,600

📉 Bearish Scenario:

👉🏻 If ETH gets rejected from the resistance area, expect a pullback toward:

➡️ $3,071 – $2,852

⚠️ Stay alert and monitor price action.