Ethereum Crossroads: Will Resistance Hold or Break?

Ethereum is at a critical juncture, grappling with a crucial resistance level around $2,880. This level has triggered early signs of bullish momentum but the cryptocurrency faces a decisive test for its next trajectory. 4-hour chart analysis by Lennaert Snyder on X suggests a potential reversal with a pattern of low, higher lows, high, and higher highs. However, this resistance presents a significant challenge as a rejection could spark short sell opportunities, while reclaiming the level could propel prices towards $3,200 resistance.