🚀 ETHUSDT Update: Ethereum Pushing Toward $2,500 Resistance! $ETH
Ethereum ($ETH ) is showing steady upside continuation on the 4-hour timeframe, trading near $2,469 (+3.21% over the last 24 hours) after rebounding sharply from the $2,370 support base.
📊 4-Hour Technical Overview
* Bullish Alignment on Short-Term MAs: ETH has established support above the MA(7) at $2,451.6 and the MA(25) at $2,416.6, showing consistent higher lows across recent candles.
* Crucial Resistance Ahead: The current bounce is heading directly into the downward-sloping MA(99) near $2,496.6, which closely aligns with the psychological $2,500 round level.
* Range Cap: Bulls recently tested a 24-hour peak at $2,477.7. A decisive 4-hour candle close above $2,480 will be needed to trigger an attempt at clearing $2,500 – $2,520.
* Key Support Zones: Immediate pullback support rests at $2,450 (MA 7), with primary structural demand sitting lower around $2,415 – $2,420 (MA 25 confluence).
🎯 Key Levels to Watch
* Primary Resistance: $2,480 – $2,500 (MA 99 barrier)
* Key Support 1: $2,450 (7-period moving average)
* Key Support 2: $2,415 – $2,420 (25-period moving average)
Will ETH break clean above the 99 MA and reclaim $2,500, or are we due for a quick pullback to retest $2,450 support? Share your trade setups below! 👇
#Ethereum
Ethereum ($ETH ) is showing steady upside continuation on the 4-hour timeframe, trading near $2,469 (+3.21% over the last 24 hours) after rebounding sharply from the $2,370 support base.
📊 4-Hour Technical Overview
* Bullish Alignment on Short-Term MAs: ETH has established support above the MA(7) at $2,451.6 and the MA(25) at $2,416.6, showing consistent higher lows across recent candles.
* Crucial Resistance Ahead: The current bounce is heading directly into the downward-sloping MA(99) near $2,496.6, which closely aligns with the psychological $2,500 round level.
* Range Cap: Bulls recently tested a 24-hour peak at $2,477.7. A decisive 4-hour candle close above $2,480 will be needed to trigger an attempt at clearing $2,500 – $2,520.
* Key Support Zones: Immediate pullback support rests at $2,450 (MA 7), with primary structural demand sitting lower around $2,415 – $2,420 (MA 25 confluence).
🎯 Key Levels to Watch
* Primary Resistance: $2,480 – $2,500 (MA 99 barrier)
* Key Support 1: $2,450 (7-period moving average)
* Key Support 2: $2,415 – $2,420 (25-period moving average)
Will ETH break clean above the 99 MA and reclaim $2,500, or are we due for a quick pullback to retest $2,450 support? Share your trade setups below! 👇
#Ethereum