💡 Quick Technical Analysis:
✅ Bullish Close! ETHUSDT surged from a low of 2527.50 to close at 2540.66, showing strong buying interest and a +0.36% gain.
✅ ZigZag Hints at Resistance! The indicator marks 2605.00 as a critical level – a break above this could signal further upside!
✅ Chart Structure: The price is consolidating between 2520-2540, with a clear higher low forming. A push above 2541.20 (today’s high) could trigger momentum.
🚀 The Expected Scenario:
- Bullish Breakout: If ETH clears 2541.20, the next targets are 2560 and 2605 (ZigZag resistance).
- Support Zone: The 2520-2527 area is key for buyers. A drop below could test 2500.
🔥 Is ETH Ready to Rally?
With Bitcoin showing strength and Ethereum’s ecosystem buzzing (upgrades, ETFs?), volatility could spike soon! Are you positioned for the move?
📢 What’s Your Take? Will $ETH smash through 2605 or retreat first? Drop your thoughts below! 👇
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