๐ Ethereum Breaks $2,550 โ But Is a Pullback Next?
ETH bounced from $2,375 and just hit $2,614 โ bulls are back, but can they break $2,615?
๐ Current Price Status:
โ Above $2,550
โ Above 100H SMA
๐ Contracting triangle support at $2,560
๐ผ Upside Targets:
โ $2,615: Key Fib extension barrier
โ $2,650 โ $2,665: Major resistances
โ Breakout goal: $2,720 โ $2,750+
๐ป Pullback Watch:
โ First support: $2,560
โ Stronger floor: $2,550
โ Below $2,520 = short-term trend break
โ Next support: $2,450 and $2,350
๐ Tech Check:
MACD: Losing momentum ๐
RSI: Still above 50 โ
๐ง Key Question: Break $2,615 for liftoff โ or retest support before another leg up?