$ETH /USDT – Bullish Momentum Building Above Support
Ethereum is showing strength with price currently at $1,849.07 (+2.18%), holding above key support as market sentiment leans bullish. The 24h range is $1,802.14 – $1,873.17, with strong trading volume of 523,905.56 ETH or $965.24M USDT, signaling active participation. Depth levels show solid support at $1,818.00 and resistance nearing $1,880.25, with demand defending higher lows. Watch for a breakout above $1,873.17 to confirm further upside. Traders should monitor intraday timeframes (15m, 1h, 4h) for momentum shifts. If ETH sustains above $1,849 with increasing volume, it could target $1,900+. Maintain caution near $1,786.87 and $1,755.75 support zones as invalidation levels.