#ETHDecPrediction ETH Price Analysis & December Trading Outlook
ETH is currently trading around $3,120, showing a slight pullback of less than 1% after testing the $3,240 level earlier. The 4-hour chart reveals a strong recovery structure, with Ethereum rebounding sharply from the $2,719 low and maintaining stability above key moving averages.
🔍 Market Structure & Technical Insights
4H Trend: ETH remains in a short-term uptrend, forming higher highs and higher lows after the major bounce from $2,719.
Key Resistance: The most recent rejection came around $3,240, marking it as a crucial resista