$ETH

ETH

1,984.42

-0.71%

Consolidation: Is a Breakout Imminent? 🚀

Looking at the 1h chart, Ethereum is showing some interesting movement. After a solid push to the 2,107.67 high, we are seeing some consolidation around the 2,082 level.

Current Price: $2,082.96 (+1.23%)

MA Support: The price is hovering right on the MA(7) ($2,080), with the MA(25) providing strong support at $2,065.

The Trend: We've successfully stayed above the MA(99) ($1,992), which is a great sign for the mid-term bulls.

If we can hold this 2,080 support, the next target is a retest of the 2,115 resistance zone. Volume is looking steady—keep an eye on that buying pressure!

What’s your move? Long or Short? 👇

#ETH #Ethereum #TechnicalAnalysis #CryptoTrading #BinanceSquare