โก $ETH Is Holding Above $2,500โฆ Bulls Preparing For The Next Push? ๐
Ethereum is showing strong structure across the higher timeframes, with price currently around $2,506 and holding above key moving averages.
๐ 1H โ Bulls Defending Price is trading above the MA(99) near $2,467, while the short-term averages are turning upward. A clean break above $2,515โ$2,547 could bring fresh momentum.
๐ฅ 4H โ Strong Base The 4H structure remains bullish above $2,445โ$2,460. Price is consolidating below the recent $2,566 high โ a breakout there could open the door for another expansion.
๐ 1D โ Bigger Picture Daily price remains comfortably above MA(7) at $2,461 and MA(25) around $2,313. The larger trend still favors buyers while these supports hold.
๐ฏ KEY LEVELS ๐ข Support: $2,460โ$2,445
โก Breakout: $2,566
๐ Upside zones: $2,600 โ $2,650+
๐ก๏ธ Major support: $2,313
๐ Bull path: Hold $2,460 โ reclaim $2,566 โ continuation higher.
๐ป Bear path: Lose $2,445 โ deeper pullback becomes possible.
My take: The structure looks constructive, but confirmation above the recent high is what bulls need next. ๐
#ETH #Ethereum #Crypto #Binance #ETHUSDT
#ZECHitsANewAllTimeHigh #LululemonTumbles20%OnWeakGuidance #BitcoinETFsBiggestDailyInflowSinceJanuary #USAugustJobGrowthNearlyTriplesForecast
Ethereum is showing strong structure across the higher timeframes, with price currently around $2,506 and holding above key moving averages.
๐ 1H โ Bulls Defending Price is trading above the MA(99) near $2,467, while the short-term averages are turning upward. A clean break above $2,515โ$2,547 could bring fresh momentum.
๐ฅ 4H โ Strong Base The 4H structure remains bullish above $2,445โ$2,460. Price is consolidating below the recent $2,566 high โ a breakout there could open the door for another expansion.
๐ 1D โ Bigger Picture Daily price remains comfortably above MA(7) at $2,461 and MA(25) around $2,313. The larger trend still favors buyers while these supports hold.
๐ฏ KEY LEVELS ๐ข Support: $2,460โ$2,445
โก Breakout: $2,566
๐ Upside zones: $2,600 โ $2,650+
๐ก๏ธ Major support: $2,313
๐ Bull path: Hold $2,460 โ reclaim $2,566 โ continuation higher.
๐ป Bear path: Lose $2,445 โ deeper pullback becomes possible.
My take: The structure looks constructive, but confirmation above the recent high is what bulls need next. ๐
#ETH #Ethereum #Crypto #Binance #ETHUSDT
#ZECHitsANewAllTimeHigh #LululemonTumbles20%OnWeakGuidance #BitcoinETFsBiggestDailyInflowSinceJanuary #USAugustJobGrowthNearlyTriplesForecast
