🚀 Ethereum prepares to attack $7,000 after perfect technical consolidation
$ETH is trading at $6,480, forming a bullish flag pattern on the 4H and 1D timeframe, indicating a pause before a new impulse. The immediate resistance is at $6,580, which if broken with volume, could open a direct path to $6,950–$7,200.
📊 Technical details:
– Neutral RSI, with room to rise
– Positive MACD, with bullish crossover on 4H
– EMA50 and EMA100 moving averages aligned upwards
📍 Key levels:
– Support: $6,350 and $6,180 (previous bounce zone)
– Resistance: $6,580 and then $6,950
💬 If ETH maintains this structure, traders will look for entry above $6,500 with a target above $7,000 this same week.
👉 Ethereum is leading the rally in institutional altcoins, supported by accumulation on exchanges and staking.