๐ ETHEREUM JULY FORECAST โ WHATโS NEXT?
๐ฅ ETH Consolidation or Breakout Incoming?
Ethereum is trading around $2,612 โ hovering near a key resistance zone, and the market is watching closely.
๐ Support Zones:
$2,400 โ Strong demand area
$2,250 โ Last line of defense for bulls
๐ Resistance Levels:
$2,670 โ Short-term rejection zone
$2,800 โ Major breakout level ๐
๐ก Technical Outlook (4H/1D)
RSI is neutral around 52 โ no overbought signal yet ๐
MACD is slightly bullish, hinting at positive momentum
50EMA and 200EMA converging โ suggesting volatility ahead
๐ง Scenario Watch:
Bullish breakout above $2,800 = ๐ move toward $3,200โ3,500
Breakdown below $2,400 = ๐ possible dip to $2,200โ2,050
๐ Key Drivers to Watch
Spot ETH ETF momentum ๐บ๐ธ
Network upgrade hype (Pectra coming soon)
Bitcoin dominance + macro pressure ๐๏ธ
๐ฎ Short-Term Bias: Bullish โ but needs volume confirmation.
๐ข Are you ready for the next ETH leg up?
Drop your targets and strategy below ๐๐