đ ETH/USDT Price Action Update â Potential Breakout Ahead?$ETH
Ethereum has shown impressive momentum, currently trading at $4,428 (+3.31% in the last 24h). Weâre seeing a strong bullish structure on the daily chart, with higher highs and higher lows intact.
đ Key Technical Levels:
Resistance: $4,440 (24h high â a clean breakout could send ETH toward $4,538 next)
Support: $4,185 (24h low â key level for bulls to defend)
Trend: MA(5) > MA(10), confirming short-term bullish sentiment.
Volume: Strong buying pressure over the past 7 days (+20.25%), with a 70% gain over 90 days â momentum is clearly favoring buyers.
đĄ Trade Signal (Not Financial Advice):
If ETH breaks and holds above $4,440 with volume confirmation, we could see a push toward the $4,500â$4,550 range. However, if rejection happens at $4,440, expect a possible pullback to the $4,185â$4,200 zone before the next leg up.
đ Summary:
ETH is in a strong uptrend, but weâre at a crucial resistance point. Short-term traders should watch for a breakout retest, while swing traders might eye dips as buying opportunities.
â ïž Always manage risk â crypto moves fast!
#Ethereum #ETH #CryptoTrading #PriceAction #TechnicalAnalysis
