🚨 Ethereum Is Entering the Next Decision Zone 🚨
Ethereum is trading around $2,395, up more than 5% today, after another powerful continuation move pushed ETH to a fresh local high near $2,448.
The bigger picture is getting interesting.
📈 ETH remains strongly bullish on the 1H chart. Price is holding well above the MA(25) around $2,350 and MA(99) around $2,091, while the structure continues to print higher highs and higher lows.
But after such a strong move, this is where patience matters.
The $2,440–$2,450 area is the immediate resistance zone. A clean break and sustained acceptance above it could open the door toward the psychological $2,500 level, with $2,600 becoming the next major upside area if momentum continues.
On the other hand, I wouldn't chase ETH after a vertical move.
🔥 The more interesting setup could come from a pullback. If ETH retraces toward $2,350–$2,375 and buyers defend that area, it could provide a much healthier base for another continuation move.
If ETH loses $2,350 decisively, the short-term momentum could cool and a deeper retracement becomes possible.
ETH has already shown the strength.
Now we watch whether buyers can turn this momentum into a sustained move above $2,450.
Trade with a plan and manage your risk.
#ETH #Ethereum #ETHUSDT $ETH
Ethereum is trading around $2,395, up more than 5% today, after another powerful continuation move pushed ETH to a fresh local high near $2,448.
The bigger picture is getting interesting.
📈 ETH remains strongly bullish on the 1H chart. Price is holding well above the MA(25) around $2,350 and MA(99) around $2,091, while the structure continues to print higher highs and higher lows.
But after such a strong move, this is where patience matters.
The $2,440–$2,450 area is the immediate resistance zone. A clean break and sustained acceptance above it could open the door toward the psychological $2,500 level, with $2,600 becoming the next major upside area if momentum continues.
On the other hand, I wouldn't chase ETH after a vertical move.
🔥 The more interesting setup could come from a pullback. If ETH retraces toward $2,350–$2,375 and buyers defend that area, it could provide a much healthier base for another continuation move.
If ETH loses $2,350 decisively, the short-term momentum could cool and a deeper retracement becomes possible.
ETH has already shown the strength.
Now we watch whether buyers can turn this momentum into a sustained move above $2,450.
Trade with a plan and manage your risk.
#ETH #Ethereum #ETHUSDT $ETH