#ETHBreakout3.5K โ Ethereum on the Move! ๐
Ethereum (ETH) has broken past the $3,500 resistance level, signaling a strong bullish momentum. Here's a quick breakdown:
๐ Key Highlights:
Breakout Level: $3,500
Next Target: $3,800โ$4,000 if momentum continues
Support Zone: $3,300 โ a key area to hold
Volume Surge: Indicates strong buying interest
RSI: May be approaching overbought โ watch for consolidation or a retest
๐ Market Sentiment:
Bullish sentiment is driven by ETF optimism, Ethereum 2.0 upgrades, and overall altcoin rally.
Institutional interest is growing, particularly after Bitcoin ETFs have paved the way.
๐ What to Watch:
Daily close above $3,500
Sustained volume confirmation
Whale accumulation or selling activity