ETHUSDT on the 1D chart is consolidating after a steep rally from triangle breakouts. Price action is hovering above $4,440, with potential to briefly dip below $4,500 before recovering higher. As long as $4,400 holds as support, the broader bullish channel targets remain at $5,000–5,200.Trade active
ETHUSDT on the 6h chart is respecting the rising channel with price consolidating under 4,913. Multiple triangles and sideways zones earlier acted as launchpads for higher legs. A pullback toward HL near 4,200 remains possible, but holding above that level would sustain bullish momentum toward 5,000–5,200.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.