🚨 Ethereum Is Approaching Another Decision Zone 🚨
Ethereum is trading around $2,438, up around 1% today, after recovering from the recent pullback and pushing back toward the $2,450 area.
The bigger picture is still interesting.
$ETH remains structurally bullish on the 1H chart. Price is holding above the MA(25) around $2,431 and MA(99) around $2,395, while the broader structure continues to show higher highs and higher lows.
But ETH is now approaching an important area.
The $2,450–$2,485 zone is the immediate resistance to watch. If buyers break through and hold above this area, the previous $2,546 high could come back into focus. A clean breakout above $2,546 could potentially open the door toward $2,600.
On the other hand, I wouldn't chase ETH directly into resistance.
🔥 A healthier setup could come from a pullback toward $2,400–$2,420. If buyers defend that area and momentum returns, ETH could build another base for continuation.
If ETH loses the $2,395 area decisively, the short-term bullish momentum could weaken and a deeper retracement becomes possible.
ETH has already shown the strength.
Now the question is whether buyers can turn this consolidation into the next breakout.
Trade with a plan and manage your risk.
#ETH #Ethereum #ETHUSDT $ETH