$ETH Bulls on the Move – Pullback or Push Higher?

Ethereum surged from $1,537 to $1,638 before facing resistance. The price is consolidating just above key EMAs, with momentum still on the bull’s side.

Chart Structure:

Price above all EMAs (15, 20, 50)

MACD widening with strong bullish momentum

Resistance at $1,638 – $1,643

Support at $1,617 (EMA20)

Trade Setup (15m):

Entry: $1,622 – $1,625 (buy the dip)

TP1: $1,638

TP2: $1,645

SL: $1,605