#ETHUSDT 4H Chart
Price broke above the previous high and through the 1h supply zone around $2,750 which makes it now a breaker zone. MACD is showing bullish momentum, RSI is bought and EMAs are turning bullish . Price is respecting perfectly the support line if it closes above $2,900 then we would expect it to reach the 6h supply around $3,150, else a break below the support would result in price testing the 3h demand around $2,250 where we would be waiting for it’s reaction.
