🚨 ETH JUST WOKE UP! 🚨
Ethereum has delivered a serious pump, breaking back above the psychological $2,000 zone and pushing into the $2,200+ area. ETH is now trading around $2.25K–$2.29K, with the 7-day move around +30%. 📈🔥 (FXEmpire)
📊 ETH Technical Analysis
🔹 Current zone: ~$2,250–$2,290
🔹 Immediate resistance: $2,300
🔹 Major resistance: $2,500
🔹 Key support: $2,100–$2,000
🔹 Major downside support: ~$1,900
The structure is clearly bullish after the aggressive breakout, but there is one warning: RSI is already in overbought territory, meaning a short-term pullback or consolidation would be completely normal. (Investing.com)
🎯 Bullish scenario:
If ETH breaks and holds $2,300, the next major area I’m watching is $2,500. A clean weekly reclaim of $2,500 would be a much stronger confirmation of a broader trend reversal.
⚠️ Bearish scenario:
Failure to hold $2,100 could trigger profit-taking toward $2,000, while losing $1,900 would weaken the current setup.
💡 My TA view:
Bullish momentum → but don’t blindly chase the pump.
A breakout + successful retest is much healthier than buying an extended candle.
ETH bulls are back in control… but can they take $2,500? 👀
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