$ETH – 4H Timeframe Analysis
Trend: Bullish
ETH continues to trade with a strong bullish structure on the 4H chart, forming higher highs and holding above key moving averages.
Support: 2,806.49
This level is acting as a major support zone. As long as price holds above it, the $ETH bullish trend remains intact.
Resistance: 2,944.73
A decisive break and $ETH 4H close above this resistance could trigger the next upside leg.
Bias remains bullish above 2,806.49. Pullbacks toward support may provide buy-the-dip opportunities, while rejection near resistance could lead to short-term consolidation.
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