Yes, Magento 2 Supports Google Analytics 4, and with the help of MageDelight's GA4 with GTM Support Extension for Magento 2, you can easily configure it in the Magento store.

Read this How to Setup Magento 2 GA4 (Google Analytics 4) with GTM guide to setup this extension.

Here are the few more resource to help you get most out of this Magento 2 GA4 with GTM Support Extension.

• How to Add Google Analytics 4 (GA4) with GTM in Magento 2
• How to Use GA4 with GTM Extension for eCommerce store
• How to Add Google Analytics in Magento 2
• How to Add Google Tag Manager (GTM) to Magento 2