Ethereum is trading right at key resistance on the 4-hour chart, and today’s price action could set the tone for the next major move. After defending support at $4,276, ETH has bounced back into the $4,383 level, where buyers and sellers are now battling for control. In this video, I break down the short-term roadmap, explain the critical support and resistance levels, and outline the scenarios that could unfold depending on today’s reaction.
With the U.S. NFP release adding volatility across markets and Bitcoin showing fresh bullish momentum, Ethereum is at a decisive moment. A confirmed breakout above resistance would open the path toward $4,582, $4,689, and $4,862, while failure to hold support shifts focus back to $4,148 and $4,103. Watch closely — the coming sessions are likely to provide clarity on whether ETH is ready to extend higher.
With the U.S. NFP release adding volatility across markets and Bitcoin showing fresh bullish momentum, Ethereum is at a decisive moment. A confirmed breakout above resistance would open the path toward $4,582, $4,689, and $4,862, while failure to hold support shifts focus back to $4,148 and $4,103. Watch closely — the coming sessions are likely to provide clarity on whether ETH is ready to extend higher.
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Check out the daily market updates on youtube.com/@TradeLeanCom
Related publications
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.