#ETHBreakout3.5k

$ETH 🚀 ETH Breakout 3.5K: What’s Going On?

Ethereum (ETH) recently surged past the $3,500 mark—the highest level in months—signaling a potential bullish momentum reset $ETH

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📈 Key Highlights

Current Price: ~$3,600, hovering between $3,491–$3,670 in the past 24 hours .

Resistance & Support:

Resistance: ~$3,650–$3,700

Support: ~$3,490–$3,500 .

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🔍 Technical Indicators

RSI around 50: shows neutral sentiment with room to swing either way .

Volume rising: suggesting active trading interest .

EMA/MA Levels:

50-day MA now at ~$3,500 (acting support)

200-day MA near $3,200 .

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🎯 Possible Scenarios

Bull Case: A close above $3,650–$3,675 with high volume may trigger an advance toward $3,800–$4,000 .

Consolidation: ETH may range between $3,500–$3,700 before the next move emerges .

Bear Case: A drop below $3,490 could lead to a pullback toward $3,300–$3,400 .

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đŸŽ„ On the Charts

(A recent visual breakdown highlighting the $3.5K breakout and bullish candle formations.)

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🧭 What To Watch

1. 4H / Daily Candle Close above resistance confirms bull momentum .

2. Volume spike—spot a real breakout or a fakeout.

3. RSI/EMA signals as they break key zones.

4. ETF & institutional flows—record ETH ETF inflows have already been fuelling bullish sentiment .

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✅ Bottom Line

Ethereum clearing $3.5K–$3.6K is a strong bullish signal. A confirmed breakout above $3,650–$3,700 could pave the way to $4K+—but keep an eye on candle closes, volume, and how it holds above support.

---$ETH