ETHUSD β Possible Correction from Channel Resistance!Ethereum / U.S. dollarBITSTAMP:ETHUSDVarghaVafaPair: ETH/USD Timeframe: 4H Structure: Ascending Channel Indicators: RSI Overbought, Bearish Divergence Forming Volume: Spike into resistance π Whatβs happening? Ethereum just tagged the top of its ascending channel, showing early signs of rejection. RSI is hovering near overbought, with weakening momentum on the last push. β οΈ Caution Zone: $3,425 acting as upper resistance Price may retrace to midline or lower channel support ($3,250 β $3,050 range) π Confirmation: Look for: A strong bearish candle or RSI breaking below 60 Volume divergence Bias: Short-term bearish correction, bullish structure intact as long as price holds the channel.