1 month ago
6
Key Takeaways
- ETH has tightened into a four-hour range.
- The $2,550 high remains the key resistance.
- Rising support is holding near current prices.
- RSI has formed a hidden bullish divergence.
- A four-hour close will provide the clearest signal.
A pause below the recent high
ETH rallied from roughly $1,900 to the $2,550 area before the pace slowed. Since then, the four-hour chart has formed a narrowing range. Recent rebounds have met a descending resistance line, and each pullback has stopped at a higher level than the previous one.
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