Ethereum (ETH/USDT) on the 4H timeframe is trading near a critical demand zone after pulling back from resistance.
Key technical notes:
Bullish trendline supported recent upward moves
Bearish trendline currently limiting upside momentum
Price is consolidating between demand zone (4,200 – 4,300) and resistance (4,600 – 4,800)
If demand holds, ETH could rally back toward 4,600 – 4,800 resistance
A breakdown below demand may lead to a retest of the 4,000 support level
📌 The structure suggests a potential bullish reversal, but confirmation is required with a break of the bearish trendline and demand reaction.
This analysis is for educational purposes only. Always use proper risk management and do your own research before trading.
Key technical notes:
Bullish trendline supported recent upward moves
Bearish trendline currently limiting upside momentum
Price is consolidating between demand zone (4,200 – 4,300) and resistance (4,600 – 4,800)
If demand holds, ETH could rally back toward 4,600 – 4,800 resistance
A breakdown below demand may lead to a retest of the 4,000 support level
📌 The structure suggests a potential bullish reversal, but confirmation is required with a break of the bearish trendline and demand reaction.
This analysis is for educational purposes only. Always use proper risk management and do your own research before trading.
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