After breaking out from a major resistance, 
ETHUSDT delivered a clean and healthy retest, just as expected. The bounce from that level showed strong buyer confidence, confirming that bulls are still in control.
Currently, Ethereum is holding a crucial support zone around the $4000 range. This level will play a key role in determining the next big move. IfETH manages to sustain and bounce from here, we could see the price rallying towards the $7000–$8000 zone in the coming weeks.
However, traders should stay cautious, a drop below $3500 could signal further downside and a deeper correction. As always, risk management is key in every setup.
Watch the $4000 zone closely, the nextETHUSD wave could be massive!
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
ETHUSDT delivered a clean and healthy retest, just as expected. The bounce from that level showed strong buyer confidence, confirming that bulls are still in control.Currently, Ethereum is holding a crucial support zone around the $4000 range. This level will play a key role in determining the next big move. If
ETH manages to sustain and bounce from here, we could see the price rallying towards the $7000–$8000 zone in the coming weeks.However, traders should stay cautious, a drop below $3500 could signal further downside and a deeper correction. As always, risk management is key in every setup.
Watch the $4000 zone closely, the next
ETHUSD wave could be massive!Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
📢 Telegram Channel: t.me/getgreencrypto
🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📢 Telegram Channel: t.me/getgreencrypto
🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.