🚀 $ETH Weekly Update
ETH delivered a strong +31% weekly move, closing at its highest weekly level since May 2025. The key test now is the Weekly MA 200 around $2,500.
📈 Bullish signals:
• Strong recovery from the $1,500 support zone
• Weekly MACD is turning upward from an oversold area
• A breakout above $2,500 could strengthen the bullish trend
🎯 Key Levels:
Resistance: $2,500 → $3,400
Support: $1,900 → $1,500
🔥 Bullish scenario: Weekly close above $2,500 → potential move toward $2,800–$3,400.
⚠️ Bearish scenario: Rejection → possible retest of $1,900, with $1,500 as major support.
#BitcoinOpenInterestFallsToTwoMonthLow #BitcoinRises23.6%Weekly
ETH delivered a strong +31% weekly move, closing at its highest weekly level since May 2025. The key test now is the Weekly MA 200 around $2,500.
📈 Bullish signals:
• Strong recovery from the $1,500 support zone
• Weekly MACD is turning upward from an oversold area
• A breakout above $2,500 could strengthen the bullish trend
🎯 Key Levels:
Resistance: $2,500 → $3,400
Support: $1,900 → $1,500
🔥 Bullish scenario: Weekly close above $2,500 → potential move toward $2,800–$3,400.
⚠️ Bearish scenario: Rejection → possible retest of $1,900, with $1,500 as major support.
#BitcoinOpenInterestFallsToTwoMonthLow #BitcoinRises23.6%Weekly
