Ethereum’s Retest Zone: Will it Break Above Resistance or Retreat?

After breaking through a multi-year resistance barrier, Ethereum is facing a decisive retest at the $4,200-$4,400 range. Analyst Rose predicts targets of $4,843, $5,579, and $6,407 if Ethereum holds above this zone. 2024’s resistance was finally overcome earlier this month, sending ETH prices to near $4,800 before a swift rejection and retreat toward the current support zone. This pullback marks the first major test of the breakout, setting the stage for further direction.