$ETH ๐$ETH / USDT: Time to take off? ๐
On 26.04.2025 ETH/USDT is trading at around ~$1802, showing a weekly growth of +13.78%! ๐ช A breakout from the descending channel on the 12H confirms a short-term bullish momentum, but resistance at $1950 looms ahead. ๐ Technical analysis from TradingView: the RSI and MACD indicators hint at a potential bounce, but the market remains volatile. ๐
๐ฅ Why ETH? The upcoming Pectra update in May could be a growth catalyst, just like with Merge and Shanghai! Analysts forecast a target of $3000โ$3400 if we break through $2100. But be cautious: a drop below $1750 will bring us back to $1600. โ ๏ธ
๐ก Trade idea: Long from $1770, target โ $1950, stop-loss โ $1720. Keep an eye on news and volumes!#Write2Earn