Ethereum (ETH) price analysis displays a comprehensive use of technical indicators, showcasing potential support and resistance levels through trend lines that forecast possible price movements. Highlighted patterns such as Retest Range Breakout, Retest Moving Average, Swipe Liquidity and Bearish Divergence indicate critical points that may influence the asset's short-term trajectory.
The presence of specific price targets, such as the "Possible Target," suggests a quantitative approach to my analysis, hinting at where the price might head based on current patterns. Incorporating volume data with breakout markers further substantiates my predictions, suggesting a correlation between trade volume and price volatility.