$ETH – 4H Breakout, Eyes on 4.88k → 5k 🚀

[theSignalyst]

ETH has ripped out of the 4,230 zone (red) and is riding an intraday ascending trendline. The flip of 4,230 from resistance to support shifts 4H structure firmly bullish.

Key levels

Support: 4,230 (fresh flip), then 4,100 and 4,000.

Resistance: 4,880 (major 4H/HTF supply) → 5,000 (round-number magnet).

Read

Impulse up after reclaiming 4,230; best risk/reward typically on pullbacks to the flip zone or the rising trendline for a higher low.

Scenarios

Bullish : Retest/hold 4,230–4,260 → continuation toward 4,880, then a squeeze attempt at 5,000.

Bearish : Clean 4H close back below 4,230 → rotation toward 4,100/4,000 before bulls try again.

Plan
Look for longs on confirmation at 4,230 (HL / bullish 4H candle) or from a tight bull flag continuation. Invalidation for the setup is a sustained break back below 4,230.

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
Stick to your trading plan for entries, risk, and management.

Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr.