🚨 $ETH IS BREAKING OUT BUT CAN $2,600 HOLD?
ETH has finally pushed above the $2,545 resistance area with momentum, and the chart is starting to look bullish on the 1H timeframe. The breakout is visible, but I would still watch the $2,545 zone closely because a failed breakout could quickly turn into a fakeout.
If ETH holds above this level and buyers keep stepping in, the next area I’m watching is around $2,600, followed by $2,640. The structure is showing higher highs and higher lows after the recent consolidation, which gives the bulls an advantage for now.
The key level is simple: $2,545.
Hold above it, and ETH can continue pushing higher.
Lose it again, and I would expect a retest before the next move.
For now, ETH looks ready for another leg up.
#ethereum #ETHAnalysis #ETHUSDT #AssetsAllocation
ETH has finally pushed above the $2,545 resistance area with momentum, and the chart is starting to look bullish on the 1H timeframe. The breakout is visible, but I would still watch the $2,545 zone closely because a failed breakout could quickly turn into a fakeout.
If ETH holds above this level and buyers keep stepping in, the next area I’m watching is around $2,600, followed by $2,640. The structure is showing higher highs and higher lows after the recent consolidation, which gives the bulls an advantage for now.
The key level is simple: $2,545.
Hold above it, and ETH can continue pushing higher.
Lose it again, and I would expect a retest before the next move.
For now, ETH looks ready for another leg up.
#ethereum #ETHAnalysis #ETHUSDT #AssetsAllocation
