ETH is trading at $3,821.75, up +2.02% in the last session. After a powerful rally from the $1,385 low, Ethereum is regaining bullish strength and is now eyeing key resistance zones. The momentum is clearly with the bulls as the price approaches the $4,000 mark.
The RSI is at 92.65, showing overbought conditions, but this reflects strong buyer dominance. The MACD remains sharply positive, reinforcing the ongoing bullish breakout.
š Key Levels:
Resistance: $4,107, then $4,243
Support: $3,045
šÆ Buy Zone: $3,720 ā $3,790
š” Stop Loss: Below $3,045
šÆ Target 1: $4,107
šÆ Target 2: $4,243
š„ My Take: ETH is in breakout mode and has the potential to retest the $4,100+ region soon. As long as the price holds above $3,720, the uptrend remains intact. Manage risk with a stop loss under $3,045!
