๐Ÿ“Š ETH/USDT Weekly Analysis ๐Ÿš€

Ethereum just made a major move on the weekly timeframe!

โœ… Breakout above the 200-week MA โ€“ This is a strong long-term bullish signal. ETH has finally closed above this key resistance, hinting at a potential macro trend reversal.

โœ… Established support above the 21-week & 100-week MAs โ€“ This shows that buyers are stepping in and defending key levels. Itโ€™s building a solid base for the next leg up.

๐Ÿ”„ Next step: Test and break the 50-week MA โ€“ ETH now faces the MA50 as the next major resistance. A successful breakout above this level could open the door to sustained bullish momentum and possibly retesting previous highs.

๐Ÿ“ˆ The chart structure is clean โ€” itโ€™s all about whether ETH can flip the MA50 into support. Keep watching this level!$ETH

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