ETH/USDT – 4H Chart Update
ETH is trading inside a rising wedge / ascending structure, holding higher lows.
Price is pushing toward the descending trendline resistance around $3,180–3,220.
Support: $3,000 – $2,950 (trendline + moving averages zone)
Major Support: $2,500 (long-term demand zone)
A clean breakout and hold above the trendline can trigger a strong upside move toward $3,400 → $3,700.
Rejection from resistance may lead to a short-term pullback, but the overall structure remains constructive above support.
⚠️ Trade with confirmation and proper risk management.
ETH is trading inside a rising wedge / ascending structure, holding higher lows.
Price is pushing toward the descending trendline resistance around $3,180–3,220.
Support: $3,000 – $2,950 (trendline + moving averages zone)
Major Support: $2,500 (long-term demand zone)
A clean breakout and hold above the trendline can trigger a strong upside move toward $3,400 → $3,700.
Rejection from resistance may lead to a short-term pullback, but the overall structure remains constructive above support.
⚠️ Trade with confirmation and proper risk management.
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