source avatarEllyson 🌐

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Alright, let’s break this 4H structure for #Ethereum clearly and logically: 📊 Current #Market Structure •Price is around 2,392, sitting right at the recent high (≈2,396) → clear resistance zone •Strong bullish impulsive move just happened (big green candles) •Price is riding above all key MAs (7, 25, 99) → strong uptrend •Supertrend (≈2,257) is far below → trend still healthy •#Parabolic SAR flipped bullish and is trailing below price → continuation signal 🔥 Momentum Check •MACD: Strong bullish crossover + rising #histogram → momentum is accelerating •Volume: Spike on breakout → confirms real buying pressure, not a fake move •Bollinger Bands: Price touching upper band → overextension short-term 🧠 Key Levels •Resistance: 2,395 – 2,420 (current rejection zone) •Support 1: 2,300 – 2,320 (MA7 + breakout zone) •Support 2: 2,250 (mid-band + MA25) •Trend invalidation: Below 2,250 📈 Probable Next Moves 🟢 Scenario 1: Bullish Continuation (Higher Probability) •Small #consolidation or slight pullback •Then breakout above 2,400 •Next targets: •2,450 •2,500 👉 This is likely because: •Strong #momentum + volume •No bearish divergence yet •Clean breakout structure 🟡 Scenario 2: Healthy Pullback (Very Possible First) •Price rejects at 2,400 •Pulls back to 2,300–2,320 •Then continuation upward 👉 This is actually healthy — market needs to cool off after expansion 🔴 Scenario 3: Fake Breakout / Deeper Correction (Lower Probability) •Lose 2,300 support •Drop toward 2,250 •Momentum weakens 🧭 My Read (Simple) 👉 Trend = #Bullish 👉 Short-term = Slightly overbought ✔ Most likely path: Pullback or sideways → then continuation upward

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