### Ethereum Technical Analysis on 4-Hour Timeframe
- **Current Price:** $3,492
- **Support Level:** $3,433
- **Resistance Levels:** $3,530 - $3,562 (EMA 200)
- **MACD:** Signal line crossing the MACD line below the zero line
- **RSI:** In a sideways zone
- **Pattern:** Falling wedge
**Analysis:**
Ethereum is currently encountering trendline resistance within a falling wedge pattern, coinciding with resistance at $3,530.
- If the price breaks above this trendline resistance, a long position will be considered with a target of $3,560.
- Conversely, if the price moves down after testing the trendline resistance, a short position will be targeted at $3,440.
**Note:** Refer to the attached image for a visual representation.
