Ethereum (
$ETH ) is consolidating just below a key resistance, and traders are watching closely to see which way it breaks. On the daily chart, ETH is trading around $4,440, pressing against resistance near $4,493.
If bulls manage a clean breakout above this level, the next upside target sits at $4,883, marking a potential push toward retesting highs from earlier in the cycle. Momentum looks supportive, but confirmation will come with a daily close above resistance.
On the downside,
$ETH has strong support around $4,120–$4,280, and a deeper safety net near $3,890–$4,060. Both zones have acted as solid demand areas during recent pullbacks.
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