Ethereum ($ETH) is trading at $3,926.01, posting a 5.33% gain, with the price reaching a 24-hour high of $3,934.20. Following a sharp rebound from its recent low of $3,690, ETH has been building steady momentum, supported by a significant trading volume of 4.07 billion USDT. The current 4-hour chart shows a robust bullish breakout as Ethereum approaches its critical resistance zone.
Trade Signal:
• Entry Price: $3,926
• Targets:
• Target 1: $3,955
• Target 2: $4,000
• Target 3: $4,050
• Stop Loss: $3,796
Key Levels to Monitor:
• Resistance: $3,955 – A clean breakout could pave the way toward the psychological barrier at $4,000 and beyond.
• Support: $3,796 – Maintaining this level is critical to preserve bullish momentum.
With Ethereum showing consistent growth over the last 30 days (+61.85%), the trend remains positive, and further upside looks promising. Traders should watch the $4,000 mark closely, as breaking this level could signal the start of a stronger rally. Stay cautious, as any rejection could lead to a pullback toward $3,796. Tight risk management is recommended in this high-volatility phase.
