Ethereum has just hit 3,480.19 on Binance, confirming a powerful move upward from the3,100 zone. After days of accumulation and a strong bullish trend on the 15-minute chart, ETH is showing significant momentum.
The RSI sits at 33.93 now, indicating a cool-off after being in overbought territory — a healthy sign that may allow bulls to regroup. Volume recently surged but is stabilizing, showing that buyers are still present, though not overly aggressive at the moment.
The MACD is turning slightly bearish (*-6.94*), suggesting a possible short-term consolidation or mild correction. However, the trend remains structurally bullish, and any dip could be seen as a buying opportunity.
📊 Key Levels to Watch:
- Resistance: 3,500 — a psychological barrier and next target.
- Support:3,332 — recent consolidation zone that held firm.
🔥 My take: ETH just cooled off after hitting a local peak. A move above 3,480 with volume could trigger a breakout to3,500+. Watch RSI and MACD closely — this pullback might be short-lived.
