🔷 $ETH / USDT – Approaching Key Resistance: Bulls Ready for Breakout?
ETHUSDT 💰 Price: $3,613.72 (+0.55%)
📊 Quick Overview:
Bullish structure holding firm on the 1D chart.
Volume: 5.87K (moderate), supporting the steady climb.
🔺 Resistance Zones:
$4,405 – $4,978: Major barrier. Breakout here could open the path to 2021-style highs, but expect high volatility near this level.
🔻 Support Levels:
Immediate Support: $3,544
Major Support Zone: $2,649 – $2,145 (long-term demand area where bulls historically reload)
🚀 Potential Scenarios: ✅ Break above $4,405 = strong bullish continuation. ✅ Hold above $3,544 = bullish structure remains intact. ⚠️ Drop below $2,649 may shift medium-term sentiment bearish.
💡 Insight:
ETH remains a cornerstone of Web3, and current price action shows cautious bullish momentum. Key breakout test still lies ahead.
📌 This analysis is for educational purposes only. Always DYOR.
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