🚨 $ETH CRUCIAL TURNAROUND: Is a Breakout or Pullback Next? .
Ethereum is currently trading at $3,874.52, recovering from today’s low of $3,803.63 after a sharp drop, showing a notable rebound. However, the price remains under critical resistance near the $3,908 mark, which has acted as a barrier in recent hours. Traders should watch this level closely: a breakout above $3,908 could trigger a strong bullish momentum, pushing ETH toward $4,031 (24-hour high) or beyond. On the downside, if ETH fails to hold above $3,835, a retracement toward $3,798 is likely, signaling further weakness. The chart's upward RSI trend and strong green candles indicate rising buying interest, making this a potential opportunity for both long trades on breakout and short entries at rejections. Trade cautiously, manage stop-losses tightly, and follow volume confirmation for profitable moves.
