đš Ethereum Is Pulling Back From Resistance What Comes Next? đš
Ethereum is trading around $2,472, down slightly today after reaching a recent high near $2,533.
The bigger picture is still interesting.
On the 1H chart, ETH remains above the MA(99) around $2,450, while price is currently sitting around the MA(7) and MA(25) area near $2,482â$2,488.
The immediate battle is now around $2,480â$2,500.
If buyers reclaim this zone and push back toward $2,533, a clean breakout above that high could bring $2,600 into focus.
But ETH doesn't need to break out immediately.
đ„ A healthy pullback toward $2,450â$2,465 that holds as support could give bulls a stronger base for another attempt higher.
If ETH loses $2,450 decisively, short-term momentum could weaken and a deeper retracement toward the $2,355 area becomes possible.
For now, the trend hasn't broken.
ETH is simply at another decision point hold support, reclaim resistance, and continue higher, or lose the structure and enter a deeper correction.
Trade with a plan and manage your risk.
#ETH #Ethereum #ETHUSDT $ETH
Ethereum is trading around $2,472, down slightly today after reaching a recent high near $2,533.
The bigger picture is still interesting.
On the 1H chart, ETH remains above the MA(99) around $2,450, while price is currently sitting around the MA(7) and MA(25) area near $2,482â$2,488.
The immediate battle is now around $2,480â$2,500.
If buyers reclaim this zone and push back toward $2,533, a clean breakout above that high could bring $2,600 into focus.
But ETH doesn't need to break out immediately.
đ„ A healthy pullback toward $2,450â$2,465 that holds as support could give bulls a stronger base for another attempt higher.
If ETH loses $2,450 decisively, short-term momentum could weaken and a deeper retracement toward the $2,355 area becomes possible.
For now, the trend hasn't broken.
ETH is simply at another decision point hold support, reclaim resistance, and continue higher, or lose the structure and enter a deeper correction.
Trade with a plan and manage your risk.
#ETH #Ethereum #ETHUSDT $ETH