$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.
đč Support Zone: Previous consolidation area holding strong
đč Resistance Level: Recent swing high
đč 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.
â ïž Watch candle closes carefully â confirmation is key.#crypto #ALTCOİNS #TechnicalAnalysis #BinanceSquare #trading

ETH
2,054.14
+5.25%