Revealing the Key Support Level for ETH! If 2478 Holds, It's an Opportunity

We must keep a close eye on the 2478 level! On the 1-hour chart, the price is stubbornly testing this key support level. This area has previously seen explosive trading volume, creating a solid defense that won't be easy to break.

Currently, the price is stuck around 2478, but buy orders are clearly outweighing sell orders, indicating market consensus on this price. Although the KDJ shows overbought conditions, the J line hasn't turned yet, so there's no need to panic about a pullback.

The MACD histogram is getting longer, with the 24-day and 52-day moving averages in a bullish alignment, indicating that upward momentum is still increasing. Additionally, the formation of three consecutive bullish candlesticks suggests that breaking through the 2647 resistance level is just a matter of time. My judgment is simple: if we hold above 2478, increase positions; if we break down, there will still be time to exit.

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