$ETH gearing up for the next big push!

$ETH currently trading at $3,893 (+1.90%), after touching an intraday high of $3,909 and a low of $3,804. Buyers are showing strong momentum as price rebounds from local demand zones, supported by rising volume and improving sentiment across majors.

Reason:

Ethereum is gaining traction again after consolidating around $3,800. Increased trading volume hints at accumulation, with bulls defending the key support strongly ahead of weekend volatility.

Key Levels:

Support: $3,850 / $3,800

Resistance: $3,930 / $3,970

Trend: Bullish bias building up on lower timeframes as higher lows form, but needs confirmation above resistance for continuation.

Trade Idea:

If $ETH holds above $3,880, a breakout toward $3,950–$3,970 looks likely, triggering a short-term buy setup.

However, if price drops below $3,800, expect a retracement toward $3,740, which can open a sell scalp opportunity.

Possible Trade: Buy, as long as $3,880–$3,850 zone holds strong.

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