🚀 $ETH
/USDT Technical Analysis – Ethereum Flexes Strength Near Resistance! 🔥
Ethereum (ETH) is showing renewed bullish momentum, trading at $2,519.35, up +1.06% on the day. The price is recovering strongly after a dip to the $2,474.24 low and is now approaching the 24h high of $2,526.66. With over 152,621 ETH traded and a staggering $383.38M in USDT volume, buyers are stepping in aggressively. The current hourly chart reflects higher lows forming, suggesting strong buyer defense and potential for a bullish continuation toward key breakout levels.
Looking at the candlestick structure, ETH recently rejected from $2,529.81, but quickly rebounded, forming a bullish engulfing candle that signals renewed upward pressure. If ETH breaks above $2,526.66 with strong volume, a push toward the $2,550–$2,580 range is likely. The momentum on lower timeframes is building, and consolidation near resistance often hints at a breakout rather than a reversal. Traders, get ready—Ethereum is coiling for a move that could take it to fresh short-term highs! ⚡📈