🔥 $ETH Testing $2,490 Resistance: Will Bulls Break $2,500 Next? 🚀

Ethereum ($ETH) is showing strong bullish momentum today (+2.10%), soaring from lower support levels to hit a 24-hour high of $2,493.00! It is currently consolidating around $2,487.24.

Here is a quick technical breakdown for scalpers and day traders on the 1m timeframe:

📊 Key Technical Breakdown:
1️⃣ Perfect MA Alignment: Price is trading comfortably above all key moving averages — MA(7) at $2,486.22, MA(25) at $2,485.58, and MA(99) at $2,483.78, signaling strong short-term upward momentum.
2️⃣ Major Wall Ahead: Order Book analysis reveals a massive 97.78% Ask volume vs 2.22% Bid, showing heavy resistance stacked right around the $2,490 – $2,500 zone.
3️⃣ Higher Lows Pattern: The chart demonstrates a clear trend of higher lows, indicating buyers are stepping in aggressively on every minor dip.

💡 Scalper’s Playbook:
• Bullish Scenario: A clean breakout and 1m close above $2,493 could send $ETH flying past the key $2,500 psychological barrier.
• Bearish Scenario: Failing to break $2,493 may result in a pull-back to retest MA support around $2,483 – $2,485.

👇 What’s your take on $ETH? Are we breaking $2,500 today or pulling back? Let us know in the comments below!

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