ETH Approaching Major Resistance – Expecting Pullback

7月18日

Hello guys!

Ethereum has been rallying strongly within a well-respected ascending channel, pushing past key levels and now approaching a major resistance zone around $3,900–$4,000.

According to the chart structure, it looks like price could soon react from this resistance, leading to a pullback into the $3,000–$3,200 demand zone, which aligns with the midline of the channel.

This would be a healthy correction before potentially continuing the bullish trend and attempting a clean breakout toward new highs.

ETH is still bullish, but it may need to retest support before continuation.

Watch for a bounce from the $3,000–$3,200 zone for a high-probability long opportunity.

7月20日

交易進行

The pointed area is touched, but the pullback is not confirmed yet!