$ETH is currently showing bullish momentum on the 4H candle chart. After a recent pullback, price formed a strong bullish engulfing candle, indicating buyers are stepping back into the market.

🔹 Support Zone: Previous consolidation area holding strong

🔹 Resistance Level: Recent swing high

🔹 Trend: Short-term uptrend forming

If the next candle closes above resistance with strong volume, we could see continuation toward the next target zone. However, a rejection wick near resistance may signal short-term consolidation.

⚠️ Watch candle closes carefully — confirmation is key.#crypto #ALTCOİNS #TechnicalAnalysis #BinanceSquare #trading

ETH

1,962.89

-0.98%