đ ETHâ Bullish Structure Remains Strong
$ETH is trading around $2,749, holding very close to its MA(7) at $2,748.54 and well above the MA(25) at $2,669.12. This shows that the 4H structure remains positive.
Ethereum recently reached a 24H high of $2,807.34. The key resistance is around $2,807â$2,828. A strong breakout above this zone with increasing volume could push $ETH toward the $2,850â$2,900 area.
On the downside, $2,715 is an important short-term support. If this level holds, buyers may attempt another move higher. If $2,715 breaks, a pullback toward the $2,670 area could occur.
Overall, $ETH is maintaining a bullish structure, with $2,807 being the key level to watch for the next upside move.
#Ethereum
$ETH is trading around $2,749, holding very close to its MA(7) at $2,748.54 and well above the MA(25) at $2,669.12. This shows that the 4H structure remains positive.
Ethereum recently reached a 24H high of $2,807.34. The key resistance is around $2,807â$2,828. A strong breakout above this zone with increasing volume could push $ETH toward the $2,850â$2,900 area.
On the downside, $2,715 is an important short-term support. If this level holds, buyers may attempt another move higher. If $2,715 breaks, a pullback toward the $2,670 area could occur.
Overall, $ETH is maintaining a bullish structure, with $2,807 being the key level to watch for the next upside move.
#Ethereum
