$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.
