$ETH $ETH
The price has recently shown upward momentum, having decisively broken above the critical resistance level (the dashed red line at around 0.01798). This breakout indicates strong buying pressure, which could push the price up towards the immediate target level at around 0.02092 (the white line). The bullish crossover of the 20-day moving average (the blue line) above the 50-day moving average (the red line) supports the bullish outlook, indicating a short to medium-term upward trend. Volume also appears strong, confirming buyers' conviction. In any potential pullback, the price is likely to find support first at the recent breakout level (0.01798) and then at the next key support level at around 0.01584 (the green line).
