Ethereum Targets $4000 After Testing $3500 Resistance
2024-11-27

📊  Ethereum  has successfully held the daily support at $3264 and is now testing the $3500 resistance level.
A daily close above this resistance would indicate further bullish momentum, with the next key target being $4000.

🔑  Key Levels to Watch: 
👉🏼 Support: $3264 (Critical support zone, confirming buyers' strength).
👉🏼 Resistance: $3500 (Current resistance level; a daily close above it could trigger the next rally).

✅  Scenario: 
🟢  Bullish Continuation:  A daily candle close above $3500 could lead to a push towards $4000.
⚠️ Failing to close above $3500 might result in a retracement back to $3264.