$ETH

24h Volume (ETH): ~799K ETH

Volume Trend: Sharp increase in recent days, aligning with the strong price rally. High volume confirms strength of the breakout.

🔹 Support & Resistance:

Resistance: $3,860 (recent high)

Support Levels:

$3,607 (MA7)

$2,949 (MA25, previous consolidation zone)

$2,894 and $2,350 (old highs/structure zones)

If ETH fails to break $3,860, it may pull back to $3,600–3,500 range.

📈 Technical Summary:

IndicatorStatusInterpretationTrendBullishStrong upward movementMoving AveragesBullishPrice above all key MAsVolumeIncreasingHigh conviction behind the rallyMomentumOverbought zoneSharp rally; pullback possible

🧭 What’s Next?

✅ Bullish Scenario:

If ETH breaks above $3,860 with strong volume, next targets could be:

$4,000 psychological level

Then $4,200–4,400 (next major resistance zones)

⚠️ Bearish / Pullback Scenario:

If ETH fails to break resistance:

Pullback to $3,600–3,500

Deeper support near $2,950–3,000

Watch for volume drop or bearish candles (doji/shooting star)

🕵️‍♂️ Final Thoughts:

ETH is in a strong bullish phase, but short-term correction is likely if it can’t break $3,860.

Traders should watch volume and candlestick patterns near resistance.

For long-term holders, trend remains intact unless ETH drops below $2,950 support zone.

$ETH