Market Watch] Ethereum Eyes Breakout — $1800 in Sight
Ethereum (ETH) is gaining bullish traction, currently approaching a major resistance zone near $1800. This level has acted as a psychological barrier in recent sessions — and a confirmed breakout could signal a continuation toward $1850–$1900.
Key Drivers:
• Growing institutional interest in ETH.
• Recovery in overall market sentiment.
• Strong technical indicators: RSI remains bullish, MACD shows upward momentum.
Trading Outlook:
• A daily close above $1800 may trigger follow-through buying.
• Watch for potential retracements; key support near $1740.
• Manage risk carefully — volatile zones demand discipline.$ETH