#ETH🔥🔥🔥🔥🔥🔥 Short-Term Analysis (4H Chart)
Based on the chart:
🔥 Current Situation
Price is in an uptrend
Trading near strong resistance zone: $3,250 – $3,400
RSI is slightly overbought → momentum strong but possible pullback
📍 Key Levels
🟥 Resistance:
$3,250 – $3,400
If price breaks and closes above $3,400 → strong bullish continuation
Next possible target: $3,550 – $3,650
🟨 Support:
$2,850 – $2,950
If rejection from resistance → price may retest this zone
Strong demand area
📈 Possible Scenarios
✅ Bullish Case
Break & hold above $3,400
Momentum buyers enter
Short-term rally continues
⚠️ Bearish Case
Rejection near resistance
RSI cools down
Pullback toward $3,000
