Professional Chart Analysis: Support–Resistance SetupđŸŽ‰đŸ„°đŸ€”
$ETH
ETH
4,536.07
+2.11%

ETHUSDT
Perp
4,534.24
+2.18%

đŸ”č Market Structure
The chart shows a strong bullish rally from early August, followed by consolidation.
Current price is $4,505.95, trading above the support zone at $4,216.03.
đŸ”č Key Levels
Support Point đŸ›Ąïž: $4,216 — acts as a base for bullish continuation.
Resistance Target đŸ§±: $4,700–$4,800 zone — major area where selling pressure may appear.
Buy Zone 🎯: After a retracement near support, buyers are expected to push price higher.
đŸ”č Technical Outlook
Price has formed a range-bound consolidation between $4,200 and $4,700.
If support holds, we can expect a bullish breakout towards the resistance target 🎯.
The projected move suggests a +9% upside potential from current levels.
đŸ”č Trading Plan 💡
✅ Bullish Scenario:
Enter near **support zone ($4,216–$