Bullish And Bearish Scenarios Explained
Ethereum has recently broken through a major resistance zone between $3,900 and $4,100, closing a three-day candle above this level. This move is considered bullish in the larger trend, supporting continued upside. However, one analyst has warned that the market may see a short-term pullback before further gains. Support Zones To Watch The $3,900 to $4,100 range is now the critical support area to watch. If Ethereum holds above this zone, the breakout is likely to remain valid. But if the price falls back below $3,900 on a closing basis, the breakout could be invalidated, trapping buyers who entered at…
