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Ethereum midday technical observation, showing some interesting signals on the four-hour chart.
The price successfully broke through the previous key resistance level, and during the pullback, it stabilized at this position, indicating that the support strength is still there. The moving averages formed a golden cross, and the Bollinger Bands' mouths are beginning to open upward. As the price pushes higher, trading volume also increases, a typical bullish rhythm.
From the chart pattern, the strong momentum is quite evident. If you want to go long, it is recommended to focus on the 3180-3210 range, with a stop around 3140. Looking upward, the levels at 3300, 3380, and 3450 are worth noting and can serve as references for gradually taking profits.